TOPIC: High Risk Accounts

Demonstration | Beyond Due Diligence: Best Practices for High-Risk Customer Management - Join us July 22

July 22 at 12:30 PM - 01:30 PM EST
Beyond Due Diligence: Best Practices for High-Risk Customer Management
Special Presentation: Rebroadcast of Virtual Tour Session

Register Now


CDD/EDD processes are the cornerstone of compliance, and a growing challenge to maintain amid evolving regulations and the COVID-19 crisis. Stay current with Beyond Due Diligence: Best Practices for High-Risk Customer Management — a special rebroadcast of our engaging Virtual Tour event attended by over 2000 financial and compliance professionals this May.

“Great presentation! I really enjoyed the insights provided by your team of experts as well as the case content, specific examples and cadence it was presented.” — Attendee, 2020 Verafin Virtual Tour

Join industry and product experts as they discuss the latest innovations and issues in high-risk customer management, including COVID-19-related CDD/EDD challenges, the benefits of intelligent segmentation and stratification, and more.

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Please note that this rebroadcast of the Virtual Tour Session is not CAMS-accredited.

    Virtual Conference | ThinkBIG: Manage Risk. Drive Growth. | Sept. 22 - 23

    Registration is now open for our annual conference ThinkBIG: Manage Risk. Drive Growth. As we keep public health in mind, we've switched to a fully virtual format this year, bringing together industry thought leaders and experts, financial institution peers, CPAs, auditors, and regulators for two days of compelling educational content and networking.

    This conference will cover a variety of topics in CECL and portfolio risk, lending and credit risk, and ALM. Register today for the industry-leading conference that brings together over two decades of knowledge and experience (combining the former Sageworks Summit and MST National CECL Conference).

    Register now
    Sept. 22 - 23 

      Effective Loan Pricing & Decisioning: The Impact of COVID-19 on Your CRE Strategies

      Having a hard time discerning whether your lending team is originating both high quality and profitable loans?

      In a webinar next Thursday, June 25, 2:00 PM ET you will learn how to avoid some common pitfalls in loan pricing decisions and assessing overall customer profitability. We will discuss risk-based pricing methods, blended funding concepts, and profitability calculations. Trepp will also be sharing insights into the current state of the commercial real estate (CRE) sector and what they are hearing, including the changes they think CRE will see due to this pandemic.

      Register now: https://www.abrigo.com/webinars/effective-loan-pricing-growing-your-cre-in-a-changing-rate-environment/

        2020 Verafin Virtual Tour | Fraud Detection & BSA/AML Online Event - Join us Jun 17

        2020 Verafin Virtual Tour
        Fraud Detection & BSA/AML Online Event

        June 17, 2020 from 12:00pm - 5:00pm EST

        Register Now

        Join hundreds of attendees from coast to coast for our next Verafin Virtual Tour on Wednesday, June 17, 2020 from 12:00pm – 5:00pm EST. Complimentary and online, this leading industry event is available wherever you are — and experiencing our exceptional presentations on the hottest topics, including COVID-19-related financial crime, has never been easier.

        We are thrilled to have Jim Richards, former Director of Financial Crimes Risk Management at Wells Fargo, join the Virtual Tour as our featured speaker to provide invaluable insight and perspective as an industry expert.

        Our agenda will feature discussion on the ongoing COVID-19 pandemic and the ways this has impacted financial institutions. We will examine new challenges for AML compliance, the types of COVID-19-related fraud scams that have emerged and how we can help you protect your customers.

        Participate in live Q&A sessions with industry experts that will take place after each presentation. A full team of experts will be available to respond to your questions live – ask questions directly to our team during sessions on fraud, AML and high-risk customer management. Any questions that are not addressed during the event will be followed up on shortly afterwards by our team.

        Attendees will also have the unique opportunity to participate in interactive polls on crisis-related trends, the future of AML, best practices for high-risk customer management, and fraud trends and technology.  Provide your feedback on current trends and challenges to see how it compares with over a thousand of your peers.

        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.

        Visit the Tour website for up-to-date event details, to download the agenda and register for free.

        Register Now

          2020 Verafin Virtual Tour  - Join us June 17

          2020 Verafin Virtual Tour  Fraud Detection & BSA/AML Online Event  5 CAMS credits | 6 CAFP credits | 6 CRCM credits
          Register Now

          Registration is now open for the 2020 Virtual Tour taking place Wednesday, June 17, 2020 from 12:00pm – 5:00pm EST.   

          This complimentary, online event features insightful presentations that highlight emerging fraud and compliance trends, including those related to the current COVID-19 crisis, along with the latest technologies to fight financial crime. During this interactive event you’ll have the opportunity to chat with technology and product experts during live Q&A sessions, and take part in polls and interactive elements. Join your peers at this industry-wide event, and hear our expert speakers dive into hot topics like:
          • Fraud Risks and Compliance Challenges During the COVID-19 Crisis
          • Evolving Fraud Trends and Technology: BEC Fraud, Card Compromise, Check Fraud Schemes 
          • Industry Reflections and Predictions with Special Guest Jim Richards  
          • Big Data Intelligence and the Way Forward for AML  
          • Best Practices for High-Risk Customer Management
          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.    

          To review the agenda and reserve your spot, visit the Virtual Tour website.

          Register Now

            Demonstration | End-to-End High-Risk Customer Management & CDD/EDD - Join us June 9

            June 09 at 12:30 PM - 01:30 PM EST
            End-to-End High-Risk Customer Management & CDD/EDD
            Segmentation, Stratification, Surveillance & EDD Workflows for High-Risk Customers

            Register Now


            How accurate is your institution’s customer risk profile? A one-size-fits-all approach to customer risk can lead to thousands of high-risk customers being flagged for continuous review, increasing your workload.
             
            Verafin’s end-to-end solution for High-Risk Customer Management and CDD/EDD helps you effectively manage higher-risk categories of customers, including ATM owners, MRBs, MSBs, NGOs, and more.

            Join us as we demonstrate how Verafin identifies and categorizes high-risk customers, and stratifies the risk within each category. Through ongoing surveillance, Verafin provides a more accurate picture of your institution’s risk profile to strengthen your end-to-end CDD/EDD program.

            Register Now

              Infographic | Challenges & Change in the COVID-19 Crisis - Download Now

              Challenges & Change in the COVID-19 Crisis
              The impact of the pandemic on financial institutions’ fraud and BSA/AML compliance programs

              Download Now


              From remote work to surging first-time online banking users, the COVID-19 pandemic has had a widespread impact on customer behavior and compelled institutions to adopt new business-as-usual processes. However, these changes have also amplified the challenges for financial crime management programs at institutions of all asset sizes.

              This convenient infographic highlights the significant challenges and change facing the industry during the COVID-19 crisis.

              Download Now

                [Announcement] 2020 Verafin Virtual Tour - June

                2020 Verafin Virtual Tour
                Fraud Detection & BSA/AML Live Online Event

                5 CAMS credits |  6 CAFP credits |  6 CRCM credits
                June 17, 2020 from 12:00pm – 5:00pm EST

                Register Now

                We are pleased to announce that registration is now open for the 2020 Virtual Tour taking place Wednesday, June 17, 2020 from 12:00pm – 5:00pm EST.  

                This complimentary, online event features insightful presentations that highlight emerging fraud and compliance trends, including those related to the current COVID-19 crisis, along with the latest technologies to fight financial crime. During this interactive event you’ll have the opportunity to chat with technology and product experts during live Q&A sessions and take part in polls and interactive elements. Join your peers at this industry-wide event, and hear our expert speakers dive into hot topics like:  
                • Fraud Risks and Compliance Challenges During the COVID-19 Crisis 
                • Evolving Fraud Trends and Technology: BEC Fraud, Card Compromise, Check Fraud Schemes 
                • Industry Reflections and Predictions with Special Guest Jim Richards 
                • Big Data Intelligence and the Way Forward for AML 
                • Best Practices for High-Risk Customer Management 

                The approved accreditations for the Verafin Tour Regional Seminars also apply to the Virtual Event. 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. 

                To review the agenda and reserve your spot, visit the Virtual Tour website.

                Register Now

                  Demo Video | Risky Online Banking Setup Agent: Online Account Takeover Detection - Watch Now

                  Video
                  Risky Online Banking Setup Agent
                  Online Account Takeover Detection

                  Watch Now


                  Confidence scams, like romance or job scams, are a growing ploy by fraudsters to establish trust with a victim with the end goal of obtaining personally identifiable information (PII) and eventually targeting the victim’s bank account. Fraudsters can use PII to set up online banking access, with or without the victim’s knowledge. This short video highlights Verafin’s targeted agent for Risky Online Banking Setup which detects when an existing customer is new to online banking and their online banking setup appears risky. 

                  Verafin’s Risky Online Banking Setup agent features smart evidence including a visual map to illustrate the distance from home associated with the customer’s online banking session, as well as graphical representation of your customer’s unique digital fingerprint, allowing you to easily see that unusual online account access has taken place.

                  Watch Now

                    Last Chance for May Virtual Tour - Join us May 13

                    2020 Verafin Virtual Tour
                    Fraud Detection & BSA/AML Online Event

                    May 13, 2020 10:00am - 3:00pm EST

                    Register Now

                    The Verafin Virtual Tour is happening tomorrow! Don’t miss your opportunity to take part in this interactive, online Fraud Detection & BSA/AML event. 

                    This accredited seminar features insightful presentations that highlight emerging fraud and compliance trends, along with the latest technologies to fight financial crime. Join more than two thousand of your peers at this industry-wide event and hear our expert speakers dive into topics such as Optimizing AML Investigations, Fraud Trends & Technology, and Best Practices for High-Risk Customer Management with discussion addressing the new challenges financial institutions face in the midst of the COVID-19 pandemic.

                    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.   

                    Visit the Tour website for up-to-date event details, to download the agenda and register for free

                      Demonstration | BSA/AML Compliance and Management - Join us May 27

                      May 27 at 12:30 PM - 01:30 PM EST
                      BSA/AML Compliance and Management
                      Uncover Suspicious Activity & Strengthen Compliance

                      Register Now


                      Today’s landscape of changing regulatory requirements creates enormous pressure for compliance professionals to uncover potential money laundering and stay ahead of suspicious activity. Yet, many financial institutions still rely on legacy systems, broad rules and manual processes to manage daily compliance tasks.

                      Join us as we demonstrate how Verafin’s Financial Crime Management platform uses a big data intelligence approach, leveraging artificial intelligence and machine learning to significantly reduce false positives and generate a higher quality of alerts. You’ll see how Verafin enhances anti-money laundering efforts with complete BSA/AML functionality to strengthen compliance and enhance your ability to detect, investigate and report potentially suspicious activity.

                      Highlights of this software demonstration will include:
                      • Risk-rated targeted BSA/AML alerts and scenarios
                      • High-Risk Customer Management and end-to-end CDD/EDD
                      • Alert threshold testing and performance monitoring
                      • Integrated financial crime Case Management
                      • Automated regulatory reporting of SARs and CTRs
                      • 314(b) Information Sharing
                      Register Now

                        Demonstration | BSA/AML Compliance, Fraud Detection & High-Risk Customer Management - Join us May 14

                        May 14 at 12:30 PM - 01:30 PM EST
                        BSA/AML Compliance, Fraud Detection & High-Risk Customer Management
                        A Consolidated Financial Crime Management Platform

                        Register Now

                        While trying to get ahead of fraud losses and uncover illicit activity, have you ever asked yourself what you might be missing? Whether you have a single solution or a variety of systems in place, quality alerts are a critical first step to your overall effectiveness.

                        Join us for an overview of Verafin which includes highly targeted analytical agents enriched through big data intelligence with third-party data, cross-institutional analysis and Information Sharing. Learn how Verafin’s consolidated Financial Crime Management platform produces higher-quality alerts for expedited investigations, and richer, more detailed reporting.

                        Register Now

                          5 CAMS Credits | Verafin Virtual Tour Next Week - Joins us May 13

                          2020 Verafin Virtual Tour
                          Fraud Detection & BSA/AML Online Event

                          May 13, 2020 from 10:00am - 3:00pm EST

                          Register Now for Free

                          The Verafin Virtual Tour is coming up on Wednesday, May 13, 2020, and we are excited to bring you the exceptional learning opportunities you have come to expect from a Verafin event. 

                          Our agenda will feature discussion on the latest trends related to the COVID-19 pandemic and the ways this is impacting financial institutions. We will examine new challenges for AML compliance, the types of COVID-19-related fraud scams that have emerged and demonstrate new solutions to help you protect your customers. 

                          We are thrilled to have Jim Richards, former Director of Financial Crimes Risk Management at Wells Fargo, join the Virtual Tour as our featured speaker to provide invaluable insight and perspective as an industry expert.

                          Participate in live Q&A sessions with industry experts that will take place after each presentation. A full team of experts will be available to respond to your questions live – ask questions directly to our team during sessions on fraud, AML and high-risk customer management. Any questions that are not addressed during the event will be followed up on shortly afterwards by our team. 

                          Attendees will also have the unique opportunity to participate in interactive polls on crisis-related trends, the future of AML, best practices for high-risk customer management, and fraud trends and technology.  Provide your feedback on current trends and challenges to see how it compares with over seventeen hundred of your peers.

                          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.   

                          Visit the Tour website for up-to-date event details, to download the agenda and register for free.

                            [Agenda Announced] Hot Topics at Free Virtual Seminar - Join us May 13

                            2020 Verafin Virtual Tour
                            Fraud Detection & BSA/AML Online Event

                            5 CAMS credits | 6 CAFP credits | 6 CRCM credits
                            May 13, 2020 from 10:00am - 3:00pm EST

                            Register 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 Agenda

                            Fraud 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.

                              Demonstration | BSA/AML Compliance, Fraud Detection & High-Risk Customer Management - Join us May 14

                              May 14 at 12:30 PM - 01:30 PM EST
                              BSA/AML Compliance, Fraud Detection & High-Risk Customer Management
                              A Consolidated Financial Crime Management Platform

                              Register Now


                              Today’s criminals do not limit their illicit activities to a single financial institution. More and more, multiple institutions are targeted for increasingly complex financial crimes. As these criminals evolve, traditional, siloed approaches to combat crime are largely ineffective.

                              The Verafin Financial Crime Management platform includes highly targeted analytical agents that are enriched through big data intelligence with open-source and third-party data, providing cross-institutional analysis and collaborative investigations through the power of the Verafin Cloud. The result? Higher-quality alerts, expedited investigations, and richer, more detailed reporting.

                              Highlights of this software demonstration will include:
                              • End-to-end High-Risk Customer Management and CDD/EDD
                              • Targeted BSA/AML and fraud detection agents
                              • Risk-rated alerts enriched with third-party, open-source and cloud data, as well as visual smart evidence and investigation tools
                              • Cross-institutional detection and Information Sharing 
                              • Complete BSA/AML Compliance and Management with process automation
                              Register Now

                                [Announcement] 2020 Verafin Virtual Tour - May

                                2020 Verafin Virtual Tour - Fraud Detection & BSA/AML Online Event
                                5 CAMS credits |  6 CAFP credits |  6 CRCM credits
                                May 13, 2020, 10:00am - 3:00pm EST

                                Register Now

                                As you are now aware, the seminars originally scheduled for May 12 in New York City, NY and May 14 in Boston, MA have been cancelled and we have been working on plans to deliver an alternate, virtual event in their place.  

                                We are pleased to announce that registration is now open for the 2020 Virtual Tour taking place Wednesday, May 13, 2020 from 10:00am – 3:00pm EST.  

                                This complimentary, online event features insightful presentations that highlight emerging fraud and compliance trends, including those related to the current COVID-19 crisis, along with the latest technologies to fight financial crime. During this interactive event you’ll have the opportunity to chat with technology and product experts during live Q&A sessions and take part in polls and interactive elements. Join your peers at this industry-wide event, and hear our expert speakers dive into hot topics like:
                                • Fraud Risks and Compliance Challenges During the COVID-19 Crisis
                                • Evolving Fraud Trends and Technology: BEC Fraud, Card Compromise, Check Fraud Schemes
                                • Industry Reflections and Predictions with Special Guest Jim Richards
                                • Big Data Intelligence and the Way Forward for AML
                                • Best Practices for High-Risk Customer Management
                                The approved accreditations for the Verafin Tour Regional Seminars also apply to the Virtual Event. 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.   
                                To review the agenda and reserve your spot, visit the Virtual Tour website.

                                Register Now

                                  2020 Verafin Virtual Tour | Fraud Detection & BSA/AML Online Event - Join us April 15, 2020

                                  2020 Verafin Virtual Tour
                                  Fraud Detection & BSA/AML Online Event

                                  April 15, 2020
                                  10am - 2:30pm EST

                                  Register Now for Free

                                  The first ever Verafin Virtual Tour begins tomorrow! Don’t miss your opportunity to take part in this interactive, online Fraud Detection & BSA/AML event.

                                  This accredited seminar features insightful presentations that highlight emerging fraud and compliance trends, along with the latest technologies to fight financial crime. Join nearly two thousand of your peers at this industry-wide event and hear our expert speakers dive into topics like Optimizing AML Investigations, Fraud Trends & Technology, and Best Practices for High-Risk Customer Management including discussion addressing the new challenges financial institutions face in the midst of the COVID-19 pandemic.

                                  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.

                                  Visit the Virtual Tour website for up-to-date event details, to download the agenda and register for free.

                                  Register Now for Free