This session will focus on the growing threat to financial institutions and customers from fraudsters, including a discussion on mitigation strategies, best practices, and new technologies to prevent losses and gain efficiencies in fraud detection and management.

This session will provide an overview of industry approaches to combat complex criminal activity that spans multiple institutions. We will walk through real-life cases of multi-institutional crime rings involving fraud and money laundering.

This session will outline the challenges facing financial institutions in an increasingly complex BSA/AML financial crimes risk management environment, with a focus on meeting requirements for Customer Due Diligence (CDD), Enhanced Due Diligence (EDD) and high-risk customer management.