8:00 Registration and breakfast

8:50 Chair’s opening remarks


9:00 Setting the scene: Reviewing the fraud and financial crime landscape and evolution of risks in a post pandemic environment

Session details 

  • Using data analytics to identify risks
  • Identifying red flags and behaviour internally
  • Accessing business databases to leverage intelligence
  • Identifying high risk people
    • Employee intelligence and access
  • Increased risk in economic downturn
  • Paycheck protection program: Impact of changes to statute of limitations
    • Stimulus package impact to fraudulent activity.

James Short, Global Head of AML/ATF for Global Banking and Markets, Scotiabank

Nicolas Khouri, Deputy BSA Officer, Ally 

Kevin King, SVP, Director, FIU Enterprise Fraud Management, Atlantic Union Bank


9:45 Evolution of scam techniques and staying ahead of advances in criminal tactics

Session details 

  • Using data to identify scams proactively without impacting the customer
  • Engaging the customer in education to prevent scams
  • Business email compromise: Tools to protect customers
  • Increasing information sharing between banks
  • Model validation processes for detection tools
  • Leveraging tools to identify vulnerable customers
    • Identifying scenarios
  • Increased risk with movement into digital space

10:20 Morning refreshment break and networking


10:50 Reviewing the changing landscape under Regulation E and impact of financial liability on financial institutions

Session details 

      • Changes to financial liability of financial institutions
      • Mitigating potential financial losses
      • Managing downstream impacts of rule change
      • Detection systems to manage the risk
      • Demonstrating negligence under new laws
      • Shifting liabilities of unauthorized transactions
        • Avoiding transaction interruption
      • Adapting risk culture with regulatory changes

Douglas Bloom, Executive Director, Co-Head of Cybersecurity and Privacy Law, Morgan Stanley

Patrick Johnson, Director, AML Risk Oversight & Advisory, PayPal


11:35 Managing the proliferation in check fraud as the industry moves focus to digital approaches

Session details 

    • Protecting legitimate customers from check fraud
    • Fraudulent techniques to intercept checks
    • Educating customers on techniques to protect themselves
    • Solutions to identify fraudulent activity
    • Defences to make funds unavailable once a bad deposit is identified
    • AI processes to validate signatures
    • Enhancing models to leverage customer data
    • Identifying balance between responsibility of customer or institution


12:20 Reviewing tactics in identity theft and use of synthetic IDs

Session details 

    • Account opening security practices
      • Techniques and processes to mitigate fraud
    • Accessibility of personal information on the dark web
      • Impact to online account opening
    • Increased synthetic ID fraud
      • Controls around account opening
      • Education for customers
    • Keeping up with criminal technology tactics
    • Identification of money mules and verification at account opening

12:20 Lunch break and networking


1:55 Developing effective authentication strategies leveraging biometrics and staying ahead of advancing technology

Session details 

  • Increased sophistication of deep fakes
  • Evolution of technology and authentication practices
  • Tracking mobile device activity
  • Managing deep fakes in biometrics and authentication
  • Techniques to enhance authentication
  • Balancing customer experience with biometrics

Rick Swenson, Managing Director Fraud Strategy and Governance, TIAA


2:30 Managing vulnerabilities with increased demand for instant payment and evolution in payment trends

Session details 

  • Fraudulent transactions through payment apps
    • Tracking money movement from payments app
  • Balancing protection with potential discrimination
  • Connecting the ecosystem beyond financial services
    • Telephony and internet providers role
  • Managing risks in ACH and P2P as adoption rates grow
  • Balancing expectation of real time payments with fraud concerns
  • Payment modernization migration
  • Managing dependencies on SWIFT

Tibor Bartels, Managing Director, Head of Transaction Services Americas, ING


3:05 FBI: Foreign bribery, kleptocracy and high level money laundering

Session details 

  • Tracing illicit funds across certain jurisdictions
  • Expansion of collaborating amongst law enforcement agencies globally
    • Collaboration to trace illicit funds
  • Awareness and training regarding foreign bribery and theft
    • Capabilities to investigate and prosecute
  • Approaches to expedite bank to bank request for information
    • Internationally and domestically
  • Reviewing Fincen top priorities

Patrick Killeen, Unit Chief-International Corruption Unit, FBI

3:40 Afternoon refreshment break and networking


4:10 Shaping enforcement of cryptocurrency and developing fraud and AML mitigation techniques

Session details 

  • Difficulties tracking funds in cryptocurrency fraud
  • Developing a KYC program to offset risk
  • Future of regulation and control of crypto industry
  • Managing risks of crypto exchanges across jurisdictions
  • Shaping enforcement framework on virtual commodities
  • Defining cryptocurrency for effective enforcement
  • AML risks with increased use of cryptocurrency
  • Leveraging technology to identify ownership transfer
  • Decentralized finance: DoJ taskforce for crypto and digital technology fraud
  • Increased use of cryptocurrency in financial Marijuana businesses
    • Legal challenges at a federal level
    • Implementing a KYC program to offset risk

Patrick Wyman, Supervisory Special Agent, FBI

William Dayhoff, Senior KYC Compliance, USAA


4:50 Managing the continued cyber and ransomware threat and response strategies in event of an attack

Session details 

      • Educating employees as to tactics
      • Increasing awareness to phishing scams
      • Minimum standards for organizations of all sizes
      • Education at account inception
      • Reporting ransomware attacks to law enforcement
      • Managing continued threat of cyber and ransomware
      • Intersection of ransomware to sanctions and cyber risk
      • Roles and responsibilities of banks in ransomware payments 

Lester Joseph, Head, Global Financial Crimes Intelligence Group, Wells Fargo 

5:25 Chair’s closing remarks
5:35 End of day one and drinks reception

8:00 Registration and breakfast

8:50 Chair’s opening remarks


9:00 Managing the global geopolitical environment and techniques to stay ahead of fast-moving sanctions regimes

Session details 

  • Session details to come

Andrew Jensen, Managing Director and Global Head, Global Sanctions & Screening (GSS), Scotiabank


9:25 Managing the global geopolitical environment and techniques to stay ahead of fast-moving sanctions regimes

Session details 

  • Working with clients exposed to Russia sanctions
  • Impact to investors and investment decisions
  • Managing sanctions requirements in jurisdictions
    • Challenges with fluid nature of borders
  • Managing sudden changes in sanctions compliance
  • Identifying risk exposure within portfolios and business lines
  • Managing the risk of secondary sanctions
  • Developing consolidated escalation protocols

Andrew Jensen, Managing Director and Global Head, Global Sanctions & Screening (GSS), Scotiabank

Julianne Susman, Executive Director and Sanctions Counsel, Morgan Stanley

Erika Alders, Managing Director and Managing Counsel, Head of US Regulatory Legal, State Street tbc

Hunter Kreger, VP, FIU Deputy OFAC Officer, Atlantic Union Bank


10:10 Approaches and techniques to ensure a consistent compliance program and managing changes globally

Session details 

  • Compliance challenges with new sanctions regimes
  • Approaches to ensure a consistent compliance program
  • Key challenges in regulatory enforcement
  • Managing evolving sanctions lists
  • Monitoring transactions for terrorist financing
  • Including cryptocurrency in controls and scrutiny
  • Developing a KYC program to detect sanctions evasion

Victor Cardona, Senior Vice President, BSA Officer, Golden State Bank

10:45 Morning refreshment break and networking


11:15 Understanding regulatory data requirements and enhancing programs with increased technology advances

Session details 

  • Understanding importance of data to programs
  • Data requirements as AML Act and regulations evolve
  • Ensuring relevant and accurate data
  • Leveraging data to fully effect change
  • Feeding data into new technologies
  • Developing a scalable data solution
  • Maximizing analytics potential
  • Transforming data insights into actionable intelligence
  • Utilizing data to identify behaviours
    • Developing a risk based approach


11:50 Using data and technology to stratify the risk and develop targeted compliance

Session details 

  • Need for risk stratification
  • Using data science and analytic
  • Developing compliance strategies base on risk score

Sudharshan Narva, Director, Data Analytics, Internal Audit, TIAA


12:25 Leveraging the use of technology including AI and machine learning to optimize programs and enhance transaction monitoring

Session details 

  • Accelerating and streamlining through automated technologies
  • Leveraging AI and machine learning within AML programs
  • Reviewing results of implementation
  • Converting transaction monitoring to machine learning models
  • Understanding data requirements for technology integration
  • Reducing false positives with an automated program
  • Gaining insight through analytics and visualization

Sudharshan Narva, Director, Data Analytics, Internal Audit, TIAA

Xiaoling (Sean) Yu, Head of Financial Crimes Modeling and Analytics, KeyBank

1:10 Lunch break and networking


2:10 Increased sophistication in social engineering and digital fraud techniques

Session details 

  • Manipulation of identity to open accounts online
  • Enhancing authentication methods
  • Latest trends in digital payments fraud
  • Combining controls to mitigate digital fraud
  • Increase in fraud related to digital transactions
  • Evolving the regulatory framework to manage digitalization
  • Emerging digital trends


2:45 Developing risk engines to ensure an effect and efficient AML program

Session details 

  • Developing a risk engine to drive alerts
  • Developing efficiency and effectiveness in programs
    • Reducing false positives
    • Increased time to clear alerts
  • Adjusting model to positively impact AML program
  • Creating algorithms that cover all bases
  • Ensuring a workflow analysis when moving systems
    • Providing training
  • Implementing cost-effective systems

Arsa Oemar, Director, Model Risk Management, MUFG

3:20 Afternoon refreshment break and networking


3:50 Machine learning as a foundational component of anti-money laundering (AML) and fraud solutions for today and the future

Session details 

  • Differences between automation and machine learning (ML) as a subset of AI for AML and fraud
  • Legacy AML systems and the problem of false positives (high-volume, low-value alerts)
  • AI alignment with the organization’s risk appetite and risk assessment
  • ML and training the model to recognize fraud patterns
  • Benefits of adapting to AI and ML

Mark Elkommos, VP, Financial Crime Compliance Monitoring & Testing Manager, SMBC


4:25 Techniques and tools to navigate merger and acquisition activity and aligning methodologies effectively

Session details 

  • Aligning systems in growing organizations as a result of M&A
  • Operational preparedness for mergers and acquisitions
  • Reviewing AML detection scenarios and customer risk rating strategy
  • Creating new controls aligning methodologies
  • Security concerns with public mergers
  • Aggregating CCR and SARs under one bank
  • Re-evaluating AML systems to ensure full coverage
  • Heightening efficiencies in monitoring

Beau Stubbs, Chief Bank Secrecy Act Officer, Cadence Bank

5:00 Chair’s closing remarks

5:10 End of day one and drinks reception