Escape the FINCRIME Matrix - CFCS | Association of Certified Financial Crime Specialists

Escape the FinCrime Matrix

VIRTUAL SYMPOSIUM

Why Attend?

$ 395

Earn up to 10 CFCS and CPE credits

$ 295

Earn up to 10 CFCS and CPE credits

Popular

$ 195

Earn up to 10 CFCS and CPE credits

About the Event

Financial Crime moves fast – it’s time to stay ahead. Over the past year and a half, we’ve seen digital transformation accelerate at an unprecedented pace. With that acceleration comes a price – fincrime methods, old and new, have also accelerated at the same pace, if not faster.

But what does FRAML look like in practice, and how can it help you address current and emerging fincrime risks? How can you build a collaborative approach within your fraud and AML program that helps you adapt quickly to digital evolution? And what are financial criminals doing to try to stay a step ahead of you?

Get answers to these questions and so many more in this exclusive two-day symposium. Industry experts will take you on an A-Z deep dive into the merging worlds of fraud and AML and the digital evolution of finance and teach you how to turn your compliance program into a crime-fighting super team.

About the Event

Financial Crime moves fast – it’s time to stay ahead. Over the past year and a half, we’ve seen digital transformation accelerate at an unprecedented pace. With that acceleration comes a price – fincrime methods, old and new, have also accelerated at the same pace, if not faster.

But what does FRAML look like in practice, and how can it help you address current and emerging fincrime risks? How can you build a collaborative approach within your fraud and AML program that helps you adapt quickly to digital evolution? And what are financial criminals doing to try to stay a step ahead of you?

Get answers to these questions and so many more in this exclusive two-day symposium. Industry experts will take you on an A-Z deep dive into the merging worlds of fraud and AML and the digital evolution of finance and teach you how to turn your compliance program into a crime-fighting super team.

We Will Cover Topics Like:

Earn up to 10 CFCS and/or 10 NASBA CPE credits. Click Here for more information.

Who Should Attend

This event is designed for those with mid-level and advanced experience in compliance, investigations and enforcement in both financial institutions and virtual asset service providers (VASP). Although anyone with responsibility for financial crime prevention and detection will find value.

Some examples include:

• FCC/AML directors, officers, managers and analysts
• Directors, analysts, and other roles in financial intelligence units
• Fraud managers, investigators and analysts
• Professionals in threat intelligence roles
• Law enforcement and Regulators

Agenda

Wednesday - January 26 | 9:00 AM – 9:20 AM ET

Opening Remarks

Wednesday - January 26 | 9:30 AM - 10:30 AM ET

The Changing Threat Landscape in Fraud and AML - Trends and Compliance Responses

This session will discuss the ever-evolving industry of both fraud and AML and how they have become more intertwined in recent years. Industry experts will discuss how financial institutions should be combining their fraud and AML case management systems in order to combat these changing tactics.

Wednesday - January 26 | 10:40 AM - 11:40 AM ET

Risky Business: KYC/Onboarding Best Practices for Marijuana, Crypto and Other High-Risk Customers

When it comes to high-risk customers in any financial institution, extra care and diligence needs to be taken by financial institutions to maintain licensure and avoid financial penalties. What is the most effective way to achieve this while balancing ease of customer use? This session will allow the participant to learn ways to address these issues with high-risk customers.

Wednesday - January 26 | 11:50 AM - 12:50 PM ET

Into the Unknown: How do You Know What You Don't Know in Fraud and AML?

The saying, “We don’t know what we don’t know”, couldn’t ring truer for fincrime professionals. Criminals are becoming smarter by the hour in detection evasion and the average customer is left paying the bill for these actors. This session will address how compliance professionals can better detect and understand what they may be missing within their alert rules.

Wednesday - January 26 | 1:35 PM - 2:35 PM ET

Crypto Through the FRAML Lens - Risks and Opportunities

The world of crypto currency is a rapidly evolving industry. With more customers and merchants adopting crypto currency for investment and commerce, there is a greater risk for fraud and AML (FRAML) to rear its ugly head. The risk and compliance industry are nascent within this “crypto verse" and this session will discuss how compliance officers can detect FRAML within this new universe.

Wednesday - January 26 | 2:45 PM - 3:45 PM ET

The Emotional Toll of Crime - Perspectives on Human Trafficking

In this session, one non-profit organization details their tireless work against Human Trafficking, highlighting individuals who have suffered the lasting effects of this crime.

Wednesday - January 26 | 3:45 PM - 4:15 PM ET

Networking and Discussion

Thursday - January 27 | 9:00 AM - 10:00 AM ET

Keeping Clean from Cybercrime- Data Hygiene and Digital Banking Fraud

We live on the internet these days. Our computers/devices are our “life-line” to the world. This session will tackle the tips and tricks customers can take to protect themselves from a bad actor gaining access to their “life-line” via Account Take-over (ATO), stolen identity, as well as how not to fall victim to social engineering.

Thursday - January 27 | 10:10 AM - 11:00 AM ET

The Enemy Within: Internal Threats in Fincrime

The cyber threats facing institutions across all industries are too vast to enumerate. Companies must stay vigilant in keeping up with the latest technology to fight these threats, but they also must invest in training for their employees. Just as customers/individuals must remain vigilant about protecting their passwords, companies must train their employees how not to fall victim to Business Email Compromise (BEC) and other phishing attacks. They also must be vigilant in addressing employee morale. A disgruntled employee, who is versed within the information technology industry, could wreak havoc on a company’s systems. This session will address how companies can and should be addressing all these threats.

Thursday - January 27 | 11:10 AM - 12:10 PM ET

Money Mules - The Critical Line Between AML and Fraud

For fiat currency to physically change hands, sometimes a Money Services Business (MSB) needs to be utilized. However, bad actors understand the controls in place at MSB agent locations. What better way to evade detection at pick-up than to use an unwitting Money Mule to pick up your case for you? This session will discuss how these mules (both witting and unwitting) have become the conduit linking the obfuscation of fraudulently obtained funds.

Thursday - January 27 | 1:10 PM - 2:10 PM ET

The Evolution of Credit Unions & Community Banks in the Era of Digital Transformation

In this technical world we live in, it can be difficult for smaller companies to keep up with the “latest and greatest" advancements. This session is focused on how smaller financial institutions, such as community banks and credit unions can remain competitive within their mobile banking platforms and transaction monitoring capabilities.

Thursday - January 27 | 2:20 PM - 3:20 PM ET

Inside the Mind of a Fraudster – Understanding How Fraudsters Think to Address Weaknesses

Sun Tzu’s ‘The Art of War’ reads “If you know yourself but not the enemy, for every victory gained you will also suffer a defeat.”In this session, we will explore the need to understand motivations behind some criminal acts and why thinking like your enemy could be the key to financial crime prevention.

Thursday - January 27 | 3:20 PM- 3:40 PM ET