In light of developing circumstances with respect to the coronavirus (COVID-19), we are making changes to the upcoming Verafin Tour Regional Seminars:
March and April – Virtual Event
The seminars originally scheduled for March and April are cancelled and have been replaced with a virtual, online event. The first event for the 2020 Verafin Virtual Tour will take place on Wednesday, April 15, 2020 from 10AM – 2:30PM EST. Event details and registration available below.
May and June – Cancelled
The seminars originally scheduled for May and June are now cancelled and will be replaced with an interactive, online event. Stay tuned for further updates.
Thank you for your understanding as we strive to deliver exceptional educational opportunities for you.
Questions may be directed to firstname.lastname@example.org.
Fraud Detection & BSA/AML Online Events
Fraud Detection & 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.
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.
Virtual Tour Agenda
You should log in 15 minutes before the event begins to ensure your video and audio are working properly.
10:00am – 11:00am
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.
11:00am – 11:30am
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.
11:30am – 12:00pm
12:00pm – 1:00pm
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.
1:00pm – 1:30pm
1:30pm – 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.
Accreditation & Credits
5 CAMS, 6 CAFP, 6 CRCM credits
The approved accreditations for the Verafin Tour Regional Seminars also apply to the Virtual Event.