TOPIC: Webinar

Webinar | Synthetic Identity Fraud: Unreal Identities Result in Real Fraud Losses - Join us October 2

October 02 at 12:30 PM - 01:30 PM EST
Synthetic Identity Fraud: Unreal Identities Result in Real Fraud Losses

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In this digital age, vast amounts of compromised customer information from data breaches and fraud scams is readily available for purchase on the dark web. To further their illicit schemes, fraudsters can use your customers’ personal and financial information to create fictional or partially fabricated identities in an emerging trend known as synthetic identity fraud.

Join us as we discuss the challenges facing financial institutions when combatting synthetic identity fraud in various forms of financial crime, such as loan fraud, deposit fraud, electronic transfer fraud, and new account fraud.

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    BCP and your vendors - are you prepared?

    Join us as we discuss arming your institution with strategies and tools for uncovering vendor BCP vulnerabilities and fortifying your own business continuity plan. Register for the webinar today!

    Do your critical vendors have well written, executed and tested business continuity plans? If they don’t — or if you don’t know whether they do — your financial institution may not be nearly as prepared to weather a disaster as it thinks.

    This webinar will explore the link between vendor management and business continuity planning (BCP) to show why it’s not enough for FIs to develop internal business continuity plans. Plans must also address vendor preparation and response to crises.

    You’ll learn:

    • Where BCP and vendor management guidance overlap
    • What to look for when assessing a vendor’s BCP
    • The difference between critical vendors and vendors critical to BCP
    • The most common mistakes FIs make when addressing vendor BCP
    • How to leverage contracts to ensure strong vendor BCP
    Register today!

      Free Webinar | Considerations for Automating AML Monitoring | Earn 1 CAMS Credit

      Friday, September 20, 2019
      2:00 PM ET / 1:00 PM CT
      Presented by Kevin Gulledge, CAMS
      Register today! 

      Financial institutions have many choices when it comes to AML solutions. These solutions can be very complex in nature, or they can sometimes be very basic. Join us for this free webinar where we will discuss the top issues that bank and credit union management faces when selecting, implementing, and using an automated AML monitoring software solution. We will look at the challenges faced by the financial institutions including discussions about policies and procedures, customer and transactional data, budget constraints, core systems, teller systems and more.
      Join to learn:
      • Understand the different types of automation that can support your financial institution’s BSA/AML program
      • Identify common points of failure that institutions may have in implementing a solution along with recommended solutions
      • Explain the implications that your BSA Program and Policies and Procedures may have on vendor or software selection
      Save your seat! 

        Webinar: The Role of Vendor Management in Business Continuity Planning

        Join us as we discuss arming your institution with strategies and tools for uncovering vendor BCP vulnerabilities and fortifying your own business continuity plan. Register for the webinar today!

        Do your critical vendors have well written, executed and tested business continuity plans? If they don’t — or if you don’t know whether they do — your financial institution may not be nearly as prepared to weather a disaster as it thinks.

        This webinar will explore the link between vendor management and business continuity planning (BCP) to show why it’s not enough for FIs to develop internal business continuity plans. Plans must also address vendor preparation and response to crises.

        You’ll learn:

        • Where BCP and vendor management guidance overlap
        • What to look for when assessing a vendor’s BCP
        • The difference between critical vendors and vendors critical to BCP
        • The most common mistakes FIs make when addressing vendor BCP
        • How to leverage contracts to ensure strong vendor BCP
        Register today!

          Educational Webinar | Employee Fraud: Understanding the Threat from Within - Join us Sept 4

          September 04 at 12:30 PM - 01:30 PM EST
          Employee Fraud: Understanding the Threat from Within
          The role of monitoring in reducing the reputational and financial risks of internal fraud


          Register Now

          Financial institutions are especially vulnerable to employee fraud, as fraudsters within the organization have access to large amounts of personal identification information and financial transactional data, along with access to customer accounts. Join us as we discuss how such schemes can add up to significant fraud losses, the financial and reputational risks, and how employee fraud can also enable other illicit activity.

          In this presentation, you will learn:
          • The scale of the crime of employee fraud, including the potential for losses and compliance considerations
          • Review tactics internal bad actors use to commit fraud against financial institutions
          • Best practices to mitigate losses and protect your institution from internal threats, including appropriate monitoring and fraud controls
          Register Now

            Free Webinar - Stress Testing and CECL: Connecting the Dots

            Register today! 

            Financial institutions have been conducting stress tests long before the regulatory mandates were put in place after the 2007-2008 financial crisis.  Larger financial institutions have principally adopted the top-down approach (aka CCAR) which focuses on macro-economic changes and the resulting “stress” on large portfolios or individual assets.  Smaller financial institutions ($25B or less) primarily perform the bottom-up “stress” that focuses on the loan transaction risk stemming from changes in micro-economic factors i.e. increasing interest rates or cash flows.  As the goal of both approaches is a test on the capital adequacy of the respective financial institution, with CECL having the same goals, CEIS and Abrigo will examine the “bottom-up” stress test approach and the pros and cons for your CECL program

            Join this webinar as we discuss:
            1. Data challenges
            2. The benefits of bottom-up stress testing
            3. Using stress testing data and outcomes in the CECL model development
            Wednesday, September 18, 2019
            2:00 PM ET / 1:00 PM CT

            Partnered with CEIS Review Inc.

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              Free Webinar: CU Best Practices for Credit Analysts

              Register today!

              Current economic conditions seem to suggest that the next U.S economic downturn is on the horizon. With that in mind, it is becoming increasingly important to have the right credit policies and procedures in place to ensure your credit union understands its members throughout the lending process.

              Join this webinar session to learn common best practices for credit analysts when dealing with current and future market conditions.

              Join to Learn:  
              • Best practices for loan and financial statement analysis 
              • How to identify problem loans and the benefits of early detection 
              • Way to optimize deal flow 
              Tuesday, September 10, 2019
              2:00 PM ET / 1:00 PM CT
              Presenter:
              Ancin Cooley, Principal with Synergy Credit Union Consulting, Inc.

              Save your seat! 

                Demonstration | End-to-End High-Risk Customer Management & CDD/EDD - Join us September 11

                September 11 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


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                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.

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                  Demonstration | Consolidating Fraud Prevention and Management to Reduce Losses & Improve Visibility - Join us Aug 27

                  August 27 at 12:30 PM - 01:30 PM EST
                  Consolidating Fraud Prevention and Management to Reduce Losses & Improve Visibility
                  Cross-Channel Analytics, Big Data, and Machine Learning to Fight Fraud


                  Register Now

                  Financial institutions are facing common challenges in combatting fraud. Adding layers of protection to detect and prevent fraudulent activity, managing your alert volume, and reporting losses can become increasingly more difficult if there are multiple detection systems across different fraud and operational teams, and ultimately leads to a lack of visibility into your true fraud problem.

                  Join us for this presentation as we discuss the benefits of consolidating your fraud prevention and management functions with Verafin’s Enterprise Fraud Management platform. Learn how to reduce losses, strengthen prevention efforts across all channels and departments, and enable a full picture of fraud at your institution to drive strategic decision-making.

                  Register Now

                    Educational Webinar | Employee Fraud: Understanding the Threat from Within - Join us Sept. 4

                    September 04 at 12:30 PM - 01:30 PM EST
                    Employee Fraud: Understanding the Threat from Within
                    The role of monitoring in reducing the reputational and financial risks of internal fraud


                    Register Now

                    Financial institutions are especially vulnerable to employee fraud, as fraudsters within the organization have access to large amounts of personal identification information and financial transactional data, along with access to customer accounts. Join us as we discuss how such schemes can add up to significant fraud losses, the financial and reputational risks, and how employee fraud can also enable other illicit activity.

                    In this presentation, you will learn:
                    • The scale of the crime of employee fraud, including the potential for losses and compliance considerations
                    • Review tactics internal bad actors use to commit fraud against financial institutions
                    • Best practices to mitigate losses and protect your institution from internal threats, including appropriate monitoring and fraud controls
                    Register Now

                      Webinar: What Is a CMS - and Why You Should Have One

                      This comprehensive overview of your examiner’s expectations with regards to your CMS will provide strong best practices for creating or improving an effective CMS for your financial institution. Register for the webinar today!

                      Regulators expect financial institutions to have a Compliance Management System (CMS) in place. The scope of the definitions is broad and up for interpretation. Do you have a CMS in place? Is it adequate? This webinar will help you answer those questions by addressing:
                      • The different agencies’ expectations and definitions of a CMS
                      • The role of the compliance officer, management, and other compliance stakeholders in the financial institution
                      • The Consumer Compliance Rating System and how your CMS may impact your institution’s score
                      • The areas where automation and technology can help take your CMS to the next level to satisfy your regulators and achieve better compliance results 
                      Register today!

                        Demonstration | BSA/AML Compliance, Fraud Detection & High-Risk Customer Management - Join us August 21

                        August 21 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 approaches to combat crime are largely ineffective.

                        The Verafin Financial Crime Management platform includes highly targeted detection scenarios that are enriched through big data intelligence with open-source and third-party data and provides 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 scenarios
                        • Risk-rated alerts enriched with third-party, open-source and cloud data, and visual investigation tools
                        • Cross-institutional detection and 314(b) Information Sharing 
                        • Complete BSA/AML Compliance and Management with process automation
                        Register Now

                          Demonstration | BSA/AML Compliance and Management - Join us August 29

                          BSA/AML Compliance and Management
                          Uncover Suspicious Activity & Strengthen BSA/AML Compliance

                          August 29 from 12:30 – 1:30 PM EST

                          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
                          • Secure 314(b) Information Sharing
                          Register Now

                            Free Webinar Thursday: Loan Grading - A to Z

                            Thursday, August 15 - 2 p.m. EST/ 1 p.m. CST

                            Can your financial institution survive the next economic downturn? The recent financial crisis demonstrated how unexpected economic downturns and rapid deterioration in market conditions can significantly harm a bank’s financial condition and economic viability.

                            Join us for a free webinar to learn how to create a consistent and objective based risk scoring model that still allows for subjective adjustments. We will highlight the significance of leveraging a dual loan grading and underwriting system to monitor your loan portfolio. Our expert will provide practical advice on incorporating the 5 C’s into your loan grade and how to select an appropriate loan grading scale for your institution.

                            You Will Learn:
                            • Regulatory examiners expectations
                            • Loan grading scales & dual loan grading systems
                            • Financial statement analysis
                            Save your seat!

                              Demonstration | Consolidating Fraud Prevention and Management to Reduce Losses & Improve Visibility - Join us August 27

                              August 27 at 12:30 PM - 01:30 PM EST
                              Consolidating Fraud Prevention and Management to Reduce Losses & Improve Visibility
                              Cross-Channel Analytics, Big Data, and Machine Learning to Fight Fraud


                              Register Now

                              Financial institutions are facing common challenges in combatting fraud. Adding layers of protection to detect and prevent fraudulent activity, managing your alert volume, and reporting losses can become increasingly more difficult if there are multiple detection systems across different fraud and operational teams, and ultimately leads to a lack of visibility into your true fraud problem.

                              Join us for this presentation as we discuss the benefits of consolidating your fraud prevention and management functions with Verafin’s Enterprise Fraud Management platform. Learn how to reduce losses, strengthen prevention efforts across all channels and departments, and enable a full picture of fraud at your institution to drive strategic decision-making.

                              Register Now

                                [Upcoming Events] Demos & Webinars on payments fraud, HRC identification, BSA/AML compliance, and more

                                Product Demonstration | Real-time Detection for Payments Fraud - August 7 at 12:30PM EST - Register Now

                                Educational Webinar | Leveraging Big Data and Collaborative Investigations for Fraud Prevention - August 14 at 12:30PM EST - Register Now

                                Product Demonstration | BSA/AML Compliance, Fraud Detection & High-Risk Customer Management - August 21 at 12:30PM EST - Register Now

                                Product Demonstration | Consolidating Fraud Prevention and Management to Reduce Losses & Improve Visibility - August 27 at 12:30PM EST - Register Now

                                Product Demonstration | BSA/AML Compliance and Management - August 29 at 12:30PM EST - Register Now


                                To stay up to date on all upcoming Verafin events be sure to visit our Upcoming Events Page.

                                  Archived Webinar | How do you find your high-risk customers? - Watch Now

                                  Archived Webinar
                                  How do you find your high-risk customers?
                                  Eliminate Manual Processes for Identifying Private ATM Owners, MSBs, NGOs, MRBs, CIBs, and more

                                  Originally Presented: July 31, 2019

                                  Watch Now

                                  Financial institutions invest significant time and resources into identifying customers in high-risk categories, such as Private ATM Owners, Money Service Businesses (MSBs), Marijuana-Related Businesses (MRBs), Non-Governmental Organizations or Charities (NGOs), Cash Intensive Businesses (CIBs), and more.

                                  Unfortunately, for most compliance professionals these processes are primarily manual today. Continuously updating and reviewing reports and spreadsheets can hinder your ability to meet examiners expectations, fulfill compliance requirements, and follow your institution’s policies for uncovering high-risk customers.

                                  Join us to learn how to alleviate manual processes for identifying higher-risk customers, automate due diligence processes, and strengthen your overall compliance program.

                                  Highlights of this webinar:
                                  • Review of CDD/EDD requirements and expectations for higher-risk categories of customers as outlined in the FFIEC BSA/AML Examination Manual.
                                  • Discussion on the challenges and potential risks of conventional processes for manually identifying and managing high-risk customers.
                                  • Overview of new technology approaches with targeted monitoring for risk factors, alerting you to unidentified higher-risk categories.
                                  Watch Now

                                    Educational Webinar | Leveraging Big Data and Collaborative Investigations for Fraud Prevention - Join us August 14:

                                    Webinar
                                    August 14 at 12:30 PM - 01:30 PM EST
                                    Leveraging Big Data and Collaborative Investigations for Fraud Prevention

                                    Register Now

                                    Join us for this insightful session to learn how financial institutions can leverage big data, machine-learning technology and 314(b) information sharing for effective fraud prevention. This includes proactive trend identification, reduction in false positive results and collaborative investigations of multi-institutional crime-ring activity.

                                    Highlights of this webinar:
                                    • Limitations of conventional fraud prevention approaches that rely on limited data sets and approaches in today’s increasingly complex financial crime landscape
                                    • Big data intelligence approach for financial crime management that leverages machine-learning technology and information sharing to mitigate losses and prevent fraud
                                    • Walk-through of a real-life crime-ring case to learn how data and technology played a critical role to enhance detection, strengthen investigations and improve reporting to law enforcement
                                    Register Now

                                      ERM 101: What's COSO, and Why Should I Care?

                                      Whether you’re a CRO or just starting out in risk management, this COSO webinar will highlight core principles and arm you with knowledge that will wow at your next committee or board meeting. Register for the webinar today!

                                      COSO’s voluntary framework, Enterprise Risk Management—Integrating with Strategy and Performance, offers a roadmap for creating stronger, more resilient institutions that are poised to take early action to exploit opportunities and defend against threats. It’s not just about minimizing risk. It’s understanding how changes in risk impact decisions and making the most of that awareness.

                                      This webinar will dig into COSO and its best practices for ERM to give you insights into:
                                      • Improving strategy and decision-making with ERM
                                      • Applying the 5 components and principles of the ERM framework
                                      • The relationship between risk management, performance and value
                                      • Integrating COSO’s framework into any institution, regardless of size
                                      • COSO’s 5 components for effective internal controls
                                      Register today!