Crypto is Coming: What Banks Need to Know
Featured Speakers :
Dave Jevans is a founder and CEO of CipherTrace. Mr. Jevans has 20 years of experience in the security, payments and computing markets, which includes experience that spans from serving on the CEO’s technology council at Apple to inventing 17 US patented cybersecurity technologies. He found mobile security pioneer Marble Security, which he sold to Proofpoint (NASDAQ: PFPT) in 2015. Before Marble, Mr. Jevans founded IronKey, which was acquired by iMation (NASDAQ: IMN).
Previously Mr. Jevans founded Receipt.com (acquired by Valicert NASDAQ: VLCT). He has held senior management positions at security companies Tumbleweed Communications (NASDAQ: TMWD) and Teros (acquired by Citrix, NASDAQ: CTXS).
He also serves as the chairman of the Anti-Phishing Working Group (www.APWG.org), a consortium of more than 1,500 government agencies, financial services companies, ISPs, law enforcement agencies and technology vendors dedicated to fighting electronic crime.
Complimentary webinar, presented by CipherTrace
Banks have by and large avoided cryptocurrency over the past decade. But as crypto becomes mainstream, ignoring it becomes a costly position—both because of the risk of fines and penalties for banks that have illicit transactions happening on their payment rails, and because of the failure to provide banking services to lucrative crypto accounts.
It’s a double-edged sword: regulators are pressuring banks to identify cases of money laundering and sanctions evasion tied to cryptocurrency, and customers are clamoring to be able to invest in crypto through the financial institutions they already know and trust.
In this webinar, CipherTrace CEO Dave Jevans will share a comprehensive overview of the relationship between traditional finance and the crypto economy. He will show how a risk-based approach to crypto can help financial institutions embrace the potential of cryptocurrency.
Join us to learn:
- Where the intersections between the traditional and crypto economies lie
- What role banks play in the conversion of fiat and cryptocurrencies
- How undetected crypto transactions can implicate banks in sanctions violations and funding of terrorists
- What opportunities cryptocurrencies present to banks
- What is required to provide crypto-related services, including custody