Posted by Brian Kindle - 06/21/2023
Digital Transformation: Embracing New Tech as a Competitive Advantage in Compliance
Financial crime compliance has been viewed as a cost center for just about as long as AML, fraud and other programs have existed. Yet something has changed in the past few years, a hopeful shift toward viewing compliance programs as a potential competitive advantage.
That change is being driven in part by tectonic changes in how financial institutions interact with their customers. Digital financial services are now the norm at traditional banks as well as fintechs and neobanks, offering new insights into customers and their activities while scrambling the old ways of knowing your customer.
Can fincrime compliance help navigate this digital shift by not just keeping bad customers out, but keeping good customers in and enhancing their experience? What tech tools and strategies are needed to help compliance programs keep up with the faster pace of change?
Join us for an in-depth but approachable discussion with Rio Miner, Head of Intelligence for Refine Intelligence, on how technology is changing the way financial services companies view AML and fraud programs, and whether there’s a path to a more sustainable future for compliance programs.
See What Certified Financial Crime Specialists Are Saying
"The CFCS tests the skills necessary to fight financial crime. It's comprehensive. Passing it should be considered a mark of high achievement, distinguishing qualified experts in this growing specialty area."
KENNETH E. BARDEN
"It's a vigorous exam. Anyone passing it should have a great sense of achievement."
(CFCS, Official Superior
de Cumplimiento Cidel
Bank & Trust Inc. Nueva York)
"The exam tests one's ability to apply concepts in practical scenarios. Passing it can be a great asset for professionals in the converging disciplines of financial crime."
(CFCS, Royal Band of
"The Exam is far-reaching. I love that the questions are scenario based. I recommend it to anyone in the financial crime detection and prevention profession."
(CFCS, CAMS Lead Compliance
Trainer, FINRA, Member Regulation
Training, Washington, DC)
"This certification comes at a very ripe time. Professionals can no longer get away with having siloed knowledge. Compliance is all-encompassing and enterprise-driven."
CFCS, CAMS, CFE, CSAR
Director, Global Risk
& Investigation Practice
FTI Consulting, Los Angeles