Important Information

In light of developing circumstances with respect to the coronavirus (COVID-19), we are making changes to the upcoming Verafin Tour Regional Seminars:

2020 Verafin Virtual Tour: June Registration Now Open

The seminars originally scheduled for June 16 in Minneapolis, MN, June 17 in Detroit, MI, and June 18 in Chicago, IL are cancelled and have been replaced with a virtual, online event.

The 2020 Verafin Virtual Tour will take place on Wednesday, June 17, 2020 from 12:00pm to 5:00pm EST. Event details and registration available below.

Thank you for your understanding as we strive to deliver exceptional educational opportunities for you. Questions may be directed to


TOUR 2020

Fraud Detection & BSA/AML Online Events

Online Event

Wednesday, June 17, 2020

12:00pm – 5:00pm EST

Fraud Trends & BSA/AML Hot Topics

Join us for a complimentary online event, as industry experts discuss trends in financial crime and banking technology, and provide in-depth training on detection and investigation strategies to help stop financial crime.

The COVID-19 global pandemic is having a significant impact on financial crime management programs — from remote working with limited resources to the emergence of COVID-19-related fraud schemes and changing customer behavior. Our expert speakers will dive into these topics and discuss new solutions to help fraud, AML and compliance teams manage and mitigate risks related to the COVID-19 crisis.

Through this free, online, educational event, you will have the opportunity to chat with technology and product experts during live Q&A sessions and take part in polls and interactive elements.

Educational Sessions

Interactive Polls

Live Q&A

Virtual Tour Agenda

All times in EST. You should log in 15 minutes before the event begins to ensure your video and audio are working properly.

12:00pm – 1:20pm EST

Fraud Trends and Technology

This session will include a discussion on the dramatic rise in scams exploiting customers during the COVID-19 crisis, the latest fraud trends and typologies, 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.

Followed by Live Q&A Session: Fraud Trends & Technology

1:20pm – 2:00pm EST

Defining Moments in America’s 50-year War on Financial Crime

with Guest Speaker Jim Richards

Former top banking executive and industry expert Jim Richards will provide a candid look into today’s regulatory and anti-financial crime industry, including his insights on the potential impact of the COVID-19 pandemic on the AML landscape. Richards will reflect on key defining moments from the 50-year journey that has led to the current BSA framework, examine lessons learned from the crisis and what to expect in a post-pandemic world, and discuss the need to provide more actionable intelligence to law enforcement.

Followed by Live Q&A Session with Jim Richards

2:00pm – 2:30pm EST


2:30pm – 3:25pm EST

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.

Followed by Live Q&A Session: BSA/AML

3:25pm – 3:45pm EST


3:45pm – 5:00pm EST

Beyond Due Diligence:

Best Practices for High-Risk Customer Management

This session will discuss how the COVID-19 crisis is impacting CDD/EDD processes and areas of focus for institutions in their AML risk management and due diligence programs.

Institutions are under increased regulatory pressure to meet requirements for CDD/EDD, particularly regarding the identification, segmentation, stratification, and surveillance of 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.

Followed by Live Q&A Session: High-Risk Customer Management

*Subject to change. Last updated June 2, 2020.

Featured Speaker

Jim Richards

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.


Accreditation & Credits

5 CAMS, 6 CAFP, 6 CRCM credits

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 may be eligible to receive up to 5 Continuing Professional Education (CPE) credits towards industry accreditation programs, such as CFE and CFCS.

Attendees to the Virtual Tour will receive a certificate of attendance for their records. Attendees are responsible for submission of the certificate and reporting of credits to their appropriate programs.

Please note that attendees can only earn credits for one 2020 Verafin Tour event, including both in-person regional seminars and virtual online events. Once you have registered and attended the event, you will receive a certificate confirming attendance by email within a few days following the event.



*ABA Professional Certifications is dedicated to promoting the highest standards of performance and ethics within the financial services industry. 2020 Verafin Tour Regional Seminars has been approved for 6 CAFP, 6 CRCM credits. This statement is not an endorsement of this program or its sponsor. Certification holders must report these credits at