AFC in Practice: Using Behavioral Analytics to Identify Suspicious Activity
This AFC in Practice session will explain how financial institutions are leveraging behavioral analytics to make their transaction monitoring and identification of suspicious activity more effective and efficient. Our expert panel will start with the basics of defining behavioral analytics and how to leverage it and move on to how institutions are using behavioral analytics to identify suspicious activity that would be difficult, if not impossible, to identify using traditional rules-based monitoring. This session will also feature a live Q&A.
Understanding the basics of behavioral analytics and the foundational data and technology requirements to leverage it
Developing sets of behavioral characteristics to identify certain types of activity
Analyzing real examples of how financial institutions are using behavioral analytics
Financial Intelligence Unit (FIU)
Investigations and Suspicious Activity
Predicate Crimes and Typologies