TOUR 2020

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.


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.

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

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 this free educational event will receive a certificate of attendance for their records.

*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