Fraud Detection & BSA/AML Regional Seminars
Fraud Trends & BSA/AML Hot Topics
Join us at a complimentary seminar location near you, as industry and product experts discuss trends in financial crime and banking technology, and provide in-depth training on detection and investigation strategies to help stop financial crime.
Events are from 8:30am to 3:00pm
LA South, CA
LA North, CA
New York, NY
7:30am – 9:00am
Breakfast, Networking and Registration
9:00am – 10:00am
Fraud Trends and Technology
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.
10:00am – 10:30am
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.
10:30am – 10:45am
10:45am – 11:30am
Optimizing AML Investigations
With the increasing complexity of today’s BSA/AML landscape, financial institutions are facing increasing challenges to keep pace with changing regulatory requirements, daily compliance workloads, and complex money laundering investigations. Industry and product experts will provide an overview of best practices and approaches to improve efficiency, ensure compliance, and uncover money laundering activity.
11:30am – 12:00pm
Big Data Intelligence and the Way Forward for AML
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.
12:00pm – 1:00pm
1:00pm – 2:30pm
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.
*Subject to change. Check back soon for more information.
Founder and Principal, RegTech Consulting LLC
Former Executive Vice-President and Director of Financial Crimes Risk Management, Wells Fargo
Senior Strategic Advisor, Verafin
Jim Richards is regarded as a thought leader, and has recently joined Verafin as a Senior Strategic Advisor. Jim will be joining us at the Verafin Tour to provide his insights gained through extensive industry experience including more than twelve years as the BSA Officer and Director of Global Financial Crimes Risk Management at Wells Fargo & Co.