Thu, 02/25/2021 - 2:40pm-3:10pm

The pandemic has posed new opportunities for fraudsters. The innovative fraud schemes range from counterfeit products and fraudulent investment schemes, to identity theft and misuse of public funds.

We will discuss the new tricks that fraudsters have adopted which pose a threat to financial institutions, looking specifically at both first and third-party fraud, including sleeper fraud and account takeover. We will also assess the effectiveness of authorised push payment and confirmation of payee.

  • Understand new fraud typologies involving retail, healthcare and e-commerce and their impact on a financial institution’s AML and fraud prevention programmes

  • Explore strategies to ensure customer identification remains efficient in an increasingly digital world

  • Learn from case studies to overcome challenges in detecting fraudulent activity

Moderator:

Katarina Cook, CAMS, Head of Financial Crime, Brewin Dolphin

Presenter:

Karen Baxter, Managing Director, UK Finance

Chris Felton, Head of Economic Crime Training, City of London Police