Verafin announces 2016 FRAMLx Tour: fraud detection and AML regional seminars

December 7, 2015

Verafin Inc. has announced 2016 dates, guest speakers and locations across the United States for their highly successful FRAMLx Tour. Last year, more than 3000 industry professionals registered for Verafin’s fraud detection and anti-money laundering regional seminars to learn about industry trends and best practices. The goal of the FRAMLx Tour is to bring financial crime investigators together to discuss the growing threats to our society from complex crime and learn how they can work together to stop human trafficking, crime rings and terrorism.

Verafin is proud to be joined at the FRAMLx Tour by special guest speakers Chris Swecker, former Assistant Director of the FBI, and Timea Nagy, educator and human trafficking survivor.

Chris has more than 30 years of experience in law enforcement, national security, legal, and corporate security/risk management. Chris served 24 years with the Federal Bureau of Investigation (FBI) before retiring as one of the bureau’s top officials. He is a frequent public speaker on financial crimes, money laundering and terrorist financing. Chris will present on the growing threats in today’s complex financial crime landscape and the need for collaboration by both law enforcement and financial institutions to stop crime.

Timea is an author and social advocate who assists victims of human trafficking and counsels law enforcement and financial institutions. She has trained approximately 10,000 law enforcement personnel and helped more than 300 victims of human trafficking, as well as 39 police agencies. Timea will provide training on key indicators of human trafficking and discuss how financial institutions can help detect and prevent this terrible crime by working together.

“What an honor to be invited back for year two of the FRAMLx Tour! I am very excited to join the Verafin team again in 2016,” says Timea. “I am looking forward to providing more hands-on training to investigators from financial institutions across the country, so together we can help prevent human trafficking.”

Verafin will also demonstrate the power of their newest innovation, FRAMLx, which was first released in August 2015. FRAMLx provides cross-institutional analysis to detect suspicious activity across multiple institutions and allows banks and credit unions to collaborate securely in the Verafin application using 314(b) information sharing.

“The response to FRAMLx in 2015 has been overwhelming. Industry professionals know that combining powerful analytics with the power of collaboration is the only way we will make a real difference in the fight against financial crime,” says Brendan Brothers, Verafin Co-founder and Product Expert. “It is obvious from the hundreds of financial institutions that are already using FRAMLx, that it is what the industry needs to combat fraud and money laundering, as well as crimes like terrorism and human trafficking.”

Dates and locations for FRAMLx Tour stops through June 2016 are now available on the FRAMLx Tour website along with agenda updates and complete speaker biographies.


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