2020 Verafin Virtual Tour
Fraud Detection & BSA/AML Online Event5 CAMS credits | 6 CAFP credits | 6 CRCM credits
May 13, 2020 from 10:00am - 3:00pm ESTRegister Now
Join us for a complimentary, online seminar as industry and product experts discuss trends in financial crime and banking technology. Get in-depth training on crime detection and investigation strategies. Register for the Virtual Tour taking place in just two weeks!2020 AgendaFraud Trends and Technology
This session will include a discussion on the dramatic rise in scams exploiting customers during the COVID-19 crisis, the types of fraud scams that are emerging at this time and related industry warnings.
Financial institutions and customers are facing growing threats from fraudsters and evolving scam scenarios, including check schemes, card compromise, online account takeover and Business Email Compromise. In this session, industry and technology experts will outline new approaches to prevent losses and improve efficiencies in fraud management programs, including big data and machine learning. Industry Reflections and Predictions
with Guest Speaker Jim Richards
Former top banking executive and industry expert, Jim Richards will provide insights into the regulatory and anti-financial crime industry by reflecting on the journey that led to the current BSA/AML framework, and examine the challenges of providing actionable intelligence to law enforcement.Big Data Intelligence and the Way Forward for AML
This session will include an examination of the new normal for financial institutions during the COVID-19 crisis as resources are strained and changing customer behavior leads to AML and compliance challenges.
Big data is key to the future of AML and financial crime detection. In this special session, industry and technology experts will discuss the limitations of current approaches to detecting financial crime and provide insights into a way forward for AML by leveraging technology-enabled solutions, including data lakes and consortium data.
Beyond Due Diligence: Best Practices for High-Risk Customer Management
Institutions are under increased regulatory pressure to meet requirements for CDD/EDD, particularly regarding the identification, segmentation, stratification, and surveillance of FFIEC high-risk customer types. In this session, industry and product experts will discuss the benefits of a segmented, stratified approach to high-risk customer management, outline best practices for developing risk models for customers in higher-risk categories, and demonstrate how technology can improve the effectiveness and efficiency of your CDD/EDD processes.
Attendees will receive 5 CAMS, 6 CAFP, 6 CRCM credits
, or up to 5 Continuing Professional Education (CPE) credits
towards industry accreditation programs, such as CFE and CFCS. The Verafin Virtual Tour is happening soon! Register today.