Archived Webinar

2017 Trends & Tech: Year in Review

What’s on the Horizon for Fraud & BSA/AML?

Share This...

Originally Presented: December 12, 2017

 
Industry experts: Brendan Brothers, Anti-Financial Crimes Specialist; and Mauriceo Castanheiro, Director of Fraud Analytics, discuss the challenges financial institutions faced in 2017, the trends to watch for in 2018, and the role of technology in helping detect and prevent financial crime.

Highlights:

2017 – A Year in Review: what innovative solutions financial institutions are using to keep a step ahead of industry trends — with a focus on the growing sophistication of fraud schemes, and new approaches to combat complex money laundering scenarios.

2018 – The Look Ahead: what challenges lie ahead for financial institutions, a discussion on emerging financial crime trends, and a look at the role of technology in helping your institution combat crime.

Topics:

  • Human Trafficking Typologies & Detection
  • Uncovering Illicit Funds Moving through Funnel Accounts
  • Managing the Impact of Regulatory Change
  • A New AML Approach
  • Drug Trafficking: The Opioid Crisis
  • Sanctions Evasion: FinCEN Advisory on North Korea’s Use of the International Financial System
  • Fraud Schemes & Scams Targeting Vulnerable Customers
  • Business Email Compromise: A $5.3 Billion Scam
  • Cyber Enabled Financial Crimes & Online Account Takeover
  • Intertwined Crimes: The Intersection of Fraud & Money Laundering

Presenters

Brendan Brothers

Co-founder, Verafin

Brendan Brothers is a co-founder of Verafin, a leading provider of cloud-based fraud detection and anti-money laundering software with more than 1700 financial institution customers across North America.

Brendan is a computer engineer with specialized knowledge and deep expertise in advanced analytics.

He is widely recognized as an anti-financial crime subject matter expert and is a frequent presenter at industry conferences and events. Brendan is also the principal presenter for Verafin’s thought leadership webinar series on emerging industry topics in the area of anti-money laundering and fraud detection.

Mauriceo Castanheiro

Director, Fraud Analytics

Mauriceo has over 15 years experience in fighting fraud. In his previous role at Royal Bank of Canada (RBC), one of Canada’s largest banks and one of the largest banks in the world based on market capitalization with operations in 41 countries, Mauriceo held key positions within Fraud Management including Operations, Analytics and National Office Strategy. He represented RBC on the Interac Risk Management Group which is Canada’s national debit card network. He was responsible for various portfolios at RBC including debit card and account fraud, loan fraud and insurance fraud. He led various initiatives that resulted in hundreds of millions in savings within RBC and across the industry. In his role at Verafin, Mauriceo is responsible for the overall Analytics strategy and assisting in bringing new solutions to market.

Tagged as...

  •   314(b) Information Sharing
  •   BSA/AML Compliance
  •   Cloud Technology
  •   Crime Rings
  •   Fraud
  •   Human Trafficking