You’re invited to a special presentation on March 22 with Verafin industry experts: Brendan Brothers, Anti-Financial Crimes Specialist; and Mauriceo Castanheiro, Director of Fraud Analytics, as they discuss how financial institutions can get a step ahead of the evolving financial crime landscape with insights into regulatory requirements, fraud trends, and mitigation strategies.
Topics covered in this special presentation:
- Walk-through of a real-life case of Human Trafficking involving illicit proceeds funneled through US financial institutions, and best practices for detection and investigation of this heinous crime.
- Business Email Compromise (BEC) and how cybercriminals target online channels to gain access to customer accounts and perpetrate unauthorized wire transfers.
- Standardized Collection of UBO Information to identify and verify the identity of the beneficial owners of your legal entity customers who open new accounts.
- AML Collaborative Investigations that can improve the quality of information reported to law enforcement, and make a significant impact on AML investigations.