PageInsights & Innovations: Fighting Fraud with Big DataOriginally Presented: June 8, 2021 Cunning fraudsters are targeting financial institutions and customers with opportunistic schemes and lucrative scams. In this engaging session from the June 2021 Virtual Tour, industry experts discussed lessons learned from a challenging year, and innovative approaches to take decisive action — including deposit and check fraud detection strengthened by machine […] |
PageThe Future of AML: Advancing BSA Compliance Programs with Efficiency & EffectivenessOriginally Presented: June 7, 2021 The BSA/AML compliance landscape is evolving — and the AML Act of 2020 may usher in the most significant changes since the USA PATRIOT Act of 2001. In this insightful session from the June 2021 Virtual Tour, former Wells Fargo executive Jim Richards and Verafin Product Expert Corey Lynch discussed […] |
PageAMLA: Potential Impact and Practical Implications for Anti-Financial CrimeOriginally Presented: April 20, 2021 The Anti-Money Laundering Act of 2020 (AMLA) may usher in the most profound changes to the BSA/AML regime since the USA PATRIOT Act of 2001. By broadening the purpose of the BSA, the Act aims to modernize AML/CFT laws and pivot the country from a U.S.-focused regulation and compliance regime […] |
PageBeyond Due Diligence: End-to-End High-Risk Customer ManagementOriginally Presented: March 12, 2021 Efficient and effective management of customers in high-risk categories is the cornerstone of compliance, and a challenging necessity for financial institutions. With regulatory pressure increasing, robust identification, segmentation, stratification and surveillance of high-risk customers has never been more important. In this session recording from the 2021 Verafin Virtual Tour, technology […] |
PageFraud Trends & Technology: Using Big Data to Solve Big Fraud ProblemsOriginally Presented: March 11, 2021 Criminals are targeting financial institutions and customers with increasingly complex scams, from COVID-19-related government benefits fraud to schemes exploiting the speed of real-time payments. In this session recording from the 2021 Verafin Virtual Tour, industry experts discuss lessons learned from a challenging year, and innovative approaches to take decisive action […] |
PageEffective & Efficient AML: The Way ForwardOriginally Presented: March 9, 2021 The BSA/AML regulatory landscape is changing — and so are the challenges and opportunities for financial institutions. In this session recording from the 2021 Verafin Virtual Tour, former Wells Fargo executive Jim Richards and former FinCEN director Stephanie Brooker discuss the importance of recent BSA reform efforts and the way […] |
Page2019 Crime Trends & Technology: A Year in ReviewYou’re invited to a special year-end presentation as industry experts discuss the challenges financial institutions faced in 2019, the trends to watch for in 2020, and the role of technology in helping detect and prevent financial crime. Highlights of this special presentation: 2019 – A Year in Review: what innovative solutions financial institutions are […] |
