August 2-6, 2021

FinCrime Virtual Week:

Thanks to our attendees, speakers and sponsors for making this event a success!

#ISpyWithMyLittleEye

#ISpyWithMyLittleEye

After a year of tumult and crisis, the time is ripe for creativity and innovation. Whether you’re analyzing customer risk, investigating a fraud case, or following up on an alert, you’re working each day to secure the financial system from the worst elements of the criminal underworld. Your mission, should you choose to accept it, is to find creative ways to think like a financial criminal and identify weak points in your program before they’re exploited by bad actors.

Join us August 2-6 for a drill down on the criminal mind, a modern-day toolkit for prevention and detection, and a unique opportunity to sharpen your investigative ‘spy’ skills.

#TheDifference

The flagship virtual event at ACFCS, FinCrime Virtual Week is different by design. We’re packing a full working week with training, interactive activities, and opportunities to connect with experts and your peers, all in a format that fits your schedule and respects your time.

You’ll experience a range of formats and educational options – From keynotes and motivational speeches, to thought-provoking panels, to live debates, to practical presentations that give guidance on top-of-mind fincrime challenges. Explore a different theme each day and get in on the conversations with expert speakers.

#TheRightPeople

It’s hard to meet people when you’re at home…said no one ever after attending FinCrime Virtual where networking is made easy with our AI-powered platform. Grip gets you connected in the moment with instant video and chat messaging.

New this year is the topic-based Speed Networking sessions! This is a fun and quick way to mingle and talk about topics other than financial crime that you care about. Plus, don’t miss out on the multitude of the all-time popular roundtable discussions.

#TheFlavorsOfFun

Work hard and play hard is the nature of this game! We believe that virtual doesn’t have to be boring, and now more than ever before we can all use some time to unwind, reenergize and boost our moods.

Join in on the good times with top secret missions, a team ‘bonding’ experience, spy stories, cocktail party, live music, real-life illustrations, caricature artist, scavenger hunts, trivia and plenty of prizes.

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Learn to think like a financial criminal and get the latest on illicit trends through case studies and updates from law enforcement.
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Hear how new approaches to CDD/KYC and monitoring can help counter the surge of cyber fraud and identity fraud, and prepare for what comes next.
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Up your investigative IQ with a full day of practical skills and creative approaches from international senior compliance officers.
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Get insights on the technologies reshaping fincrime compliance, from AI to PETs, and how to apply them to your program.

#InnovativeTopics

Welcome and Keynote - Jim Lee, Chief CI

When it comes to fighting financial crime in all its forms, few agencies have been as adaptive and relentless as the Internal Revenue Service Criminal Investigation. For decades they've been at the forefront of following the money in cases far beyond tax crimes, and more recently have played a leading role in responding to emerging criminal threats, from the rise of illicit crypto use and cybercrime to the surge in fraud schemes in the COVID-19 era. In this session, the Chief of IRS Criminal Investigation takes you inside how one of the world's premier law enforcement agencies is innovating and evolving to take on and take down financial criminals. You'll hear how the agency is equipping its agents to hunt cybercriminals, the top-of-mind criminal threats and trends that IRS-CI is confronting, how US law enforcement is collaborating internationally to take on global tax evasion, and much more. Come with your questions and join the conversation in this dynamic opening session!

9:00 AM - 10:15 AM ET

Democratizing Customer Lifecycle Management in Banking with SaaS technology

Technology adoption for Customer Life Cycle Management (CLM) can prove capital intensive for smaller banks especially after an economic downturn. Software-as-a-service (SaaS) and multi-tenancy software architecture have the potential to change the economic equation, extending CLM to banks of all sizes. In this session, IBM’s banking industry expert shares both a business and technology perspective of embracing the SaaS approach in CLM. One of the megatrends to emerge from the pandemic is ‘Digitization’, a trend that is more so pronounced in the banking industry. The bar for customer experience keeps rising putting pressure on the front office. Banks that have the best digital technologies at their disposal will emerge victors in the digital economy. When you interact with IBM, this serves as your authorization to ACFCS or its vendor to provide your contact information to IBM in order for IBM to follow up on your interaction. IBM's use of your contact information is governed by the IBM Privacy Policy.

10:15 AM - 10:45 AM ET

Cyber Threat Intelligence - Building Your Toolkit Against Cybercrime

Ransomware attacks are shutting down critical infrastructure. Fraudsters are stealing billions in pandemic relief. Account takeover schemes are being exploited to move cybercrime proceeds with the click of a mouse. It’s painfully clear that cybercrime is surging in scale and sophistication, and a passive approach to combating it is often not sufficient. To address this, institutions are developing or sourcing cyber threat intelligence, scouring the dark net and open web for data that can give insights into bad actors and better protect their organization. In this session, experts on cyber threat intel give guidance on how to gather useful information and transform it into resources to support your financial crime program. While the focus will be on cyber threats, many of the concepts will be equally applicable to other financial crime risks like fraud and money laundering.

10:45 AM - 11:45 AM ET

Slipping the Sanctions Net - The Evolution of Sanction Evasion Techniques

No aspect of financial crime prevention is ever easy, but dealing with sanctions evasion poses unique challenges. Not only are fincrime professionals facing off against the usual slate of organized crime rings, cybercriminals and terrorist financiers, but also entire nations with vast resources at their disposal. In response, compliance professionals must be comprehensive and creative when confronting sanctions risks, starting with understanding the diverse techniques and methods used by different types of sanctions evaders. It’s not all fake names and shell companies – sophisticated actors take advantage of every avenue they can, from so-called “golden visas” to investment opportunities. In this session, an expert on illicit finance shares insights on the tricks of the trade for sanctions evaders, from real estate to global trade transactions, while a senior compliance professional gives guidance on methods for detection at financial institutions. Along the way, we’ll give scenarios to get your creative juices flowing and test your sanctions evasion knowledge!

12:15 PM - 1:15 PM ET

[DEMO] Gaining Efficiencies through Due Diligence Automation

LexisNexis® Financial Crime Digital Intelligence is built to efficiently tackle the new risk realities of the digital era. This solution is a financial crimes-specific platform module on LexisNexis® ThreatMetrix® that synthesizes digital identity intelligence, device and location data, behavior patterns, WorldCompliance™ sanctions coverage and near real-time contributory global transaction insights to enable compliance teams to: • Detect true sanctions risk with the confidence of a correct first response • Automate core compliance processes • Drive efficiencies and decisioning consistency across the customer journey • Minimize the productivity burdens of false positives and manual reviews • Eliminate unnecessary disruptions to trusted customer interactions

1:15 PM - 1:45 PM ET

Counter-Proliferation Financing - Combating the Funding of Mass Destruction

Of all the many challenges in the financial crime arena, the hunt for financial footprints tied to weapons of mass destruction has emerged as one of the most critically important. The hunt for financial footprints tied to weapons of mass destruction has emerged as one of the most critically important issues in the financial crime arena. Though related to money laundering and terrorist financing, proliferation financing presents its own unique set of issues. In the wrong hands, widely used consumer goods can become raw materials for explosives, chemical arms, or the components of nuclear weapons. A lack of awareness means that some financial institutions are not looking carefully for transactions tied to proliferation financing – If they are looking at all. Recent events related to North Korea have only made the subject more pressing. In this webinar, an expert on proliferation financing examines the current risk landscape, gives insights on areas of risk tied to dual-use goods, and provides insights on practical compliance considerations for the financial sector.

7:30 AM - 8:45 AM ET

A Toolkit Against Trafficking – Techniques, Tips and Tech to Take on Human Trafficking

While the pandemic scrambled the operations of human traffickers, human trafficking remains an insidious and highly profitable crime. Fortunately, investigators and fincrime compliance professionals have powerful tools at their disposal to take on traffickers, from online research to transaction monitoring rules, but they need the right mindset and skillset to properly employ them. In this session, an experienced investigator provides guidance on techniques to follow the finances of traffickers. She also dispels misconceptions about human trafficking that can hamper investigations and explores how uncovering traffickers can require investigators to go beyond financial transactions. Along the way, she’ll provide practical tips on how open-source intelligence, “Google-fu” and emerging tech can help you innovate your approach to stopping human trafficking.

9:00 AM - 10:00 AM ET

Protecting Your Customers From Synthetic Identity Fraud: A Pervasive Challenge

Join Steven Schaeffer, Fraud Product Manager at NICE Actimize, for this roundtable discussion as he delves into the most recent official definition of synthetic identity fraud. This session will cover how synthetic identity fraud is created, issues that come with synthetic identity fraud and how to prepare your organization properly to fight synthetic identity fraud.

10:00 AM- 10:30 AM ET

Identity Crisis - The Use of Synthetics to Commit Pandemic Related Frauds

Over the past 18 months, national and state governments have pumped money into economic relief programs with remarkable speed, and fraudsters moved nearly as fast to exploit the same programs for breathtaking ill-gotten gains. In the US, the Payroll Protection Program (PPP) and state unemployment were hit with fraud on a vast scale, with billions of estimated losses tied to domestic grifters and international organized crime groups. Synthetic identities and entities played a starring role in this pandemic of fraud. In this session, a noted fraud expert will explain how synthetics are being utilized to perpetrate pandemic related frauds, with a focus of the PPP and unemployment programs. We’ll reveal how fraudsters compromised relief programs with synthetic identities, who was behind these schemes, and what you can do to remediate risk and close gaps going forward.

10:30 AM - 11:30 AM ET

Next Generation Investigations: Building a Holistic, Data-Driven Approach to Support Investigators Across your Enterprise

Traditional rules-based monitoring methods are ill-equipped to detect today’s complex crime. Across departments, financial institutions struggle to see a complete view of risk and instead rely on investigations teams to sift through false positives and piece together data to make decisions. Whether it’s fraud or anti-money laundering, investigators need the same thing: context—so they can better understand data and protect the organization. Join this roundtable for a discussion on investigations and how to enable a step change across the organization.

11:30 AM - 12:00 PM ET

Speed Networking

7:00 AM - 7:30 AM ET

[DEMO] FinCrime Fighting with ACFCS

Financial crime remains one of the biggest challenges facing governments, private institutions and individuals alike. Training is at the forefront of that battle where criminals will stop at nothing to continue their illicit activity. Join members of the ACFCS team, as well as a special guest, in this energetic session to get a behind-the-scenes look at how ACFCS training, including the CFCS Certification, prepares professionals to rise to the challenge and accelerate their careers. Attend this demo for your chance to win a complimentary one-year membership (3 winners will be selected).

7:30 AM - 8:00 AM ET

India Focus - Digital Adoption by Banking, Financial Services and Insurance: Fraud Risks & Compliance

India has been at the forefront of digital innovation in banking, financial services and insurance (BFSI). New-age digital technologies such as Artificial Intelligence/Machine learning, RPA, Blockchain, and Advanced Analytics are at their core. These disruptive technologies are transforming the way banks and financial services companies comply with the regulations and design processes for client onboarding, due diligence, transaction monitoring, and more. The regulators are also trying to adopt and adapt to these new processes and technology, while constantly reinforcing the need for these innovations and solutions to be ""secure by design"" and ""risk-free"". Use of Video KYC, verification of transactions and information in real-time etc. and other digital disruptions expose you to higher cybercrime risk if controls do not keep pace with these innovations.

8:00 AM - 9:30 AM ET

Crypto Hot Topics: Expert Ask Me Anything (AMA)

In this roundtable, CipherTrace CEO Dave Jevans will answer all your burning questions about cryptocurrency, including topics on: • What is ransomware and what does it have to do with crypto? • What is DeFi and do banks need to worry? • How do criminals use crypto to take advantage of banks? • What red flags should banks be looking for regarding crypto-related fraud and money laundering • and more!

9:30 AM - 10:00 AM ET

[DEMO] How You Can Cut Through the Noise

With risk data constantly changing and increasing, how can you spot and escalate risk more quickly to focus your resources on higher risk cases? In this session, we’ll demonstrate how AI Review combines data, data science and human decisioning to enable better, faster decisions.

10:00 AM - 10:30 AM ET

Digital Breadcrumbs: Following the (Digital) Money – Investigating Cryptocurrencies

Cryptocurrency seems to be all the rage these days, from public listings for exchanges to headlines regarding regulatory enforcement of said exchanges. As Bob Dylan sang, “The times, they are a changin’”, truer words have never been spoken within the financial compliance world, particularly regarding the advent of crypto currencies. We have seen an unprecedented shift in how we view money – let alone how we investigate these financial flows. As compliance officers/investigators, we are expected, by our respective governments, to be the “eyes and ears” of our financial institutions. We have been trained in traditional money laundering and fraud detection within fiat currencies. However, how are we expected to be compliant with regulation if we don’t quite understand what we are looking at within the crypto-verse. In this session, experts on cryptocurrency investigations give guidance on what to look for, how to follow a transaction on the blockchain, and what this means for your financial institution, as well as the recent regulatory guidance on cryptocurrency.

9:00 AM - 10:00 AM ET

Connecting the Dots in Your Data: Bring Context and Speed to Your Financial Crime Investigations

Today's criminals are leveraging complex schemes to outsmart financial institutions. Because you can't catch what you can't see, discover how graph analytics help you connect the dots at a glance and visually explore your data to get to the bottom of an investigation up to 10x faster than with traditional approaches.

10:00 AM - 10:30 AM ET

Stubborn as a (Money) Mule – New Approaches to Find Mule Accounts

It’s been a good year for money mules and their handlers. Surging cybercrime and pandemic-related fraud have created unprecedented demand for mule accounts, and organized crime rings and professional launderers have expanded and adapted their mule recruitment. A wide range of vulnerable populations are ripe for targeting – from unemployed people to elderly adults spending more time online. This rise of online money mule rings is creating new challenges for financial institutions and law enforcement, and blurring the lines between fraud and money laundering. Mule handlers have also been quick to adapt to new technologies and transaction methods, including cryptocurrencies. In this session, hear from the DOJ, a leading crypto investigator and one of the world’s largest MSBs on the multi-faceted and evolving fight against money mules. You’ll learn about the nexus between money muling and elder financial abuse, key red flags and indicators of mule accounts, how crypto is increasingly used in mule schemes, and techniques your organization can use to identify mule accounts.

10:30 AM - 11:45 AM ET

Ask Me Anything: Crypto Investigations

Are you curious about the intricacies of cryptocurrency investigations? In this “ask me anything” session, Chainalysis Director of Cyber Intel and former FBI SAIC Rob Bone and Chainalysis Government Investigations Manager and former DEA investigator Beth Bisbee will host a roundtable to answer your most pressing questions. What are best practices for drug trafficking investigations? How can I leverage parallel reconstruction? How can I use Chainalysis Reactor to identify illicit actors using cryptocurrency? We'll address these questions and more.

11:45 AM - 12:15 PM ET

[Dialogue] Building Your Investigative Mindset

A high-quality investigation in the financial crime context is both a science and an art. There's the practicalities of process and procedure, but also the intangible aspects - the gut instincts and intuitive leaps that are hard to quantify though essential for great investigators. But how can fincrime professionals build both their hard and soft investigative skills? Can you really teach someone to have an ""investigator's brain?"" Find out in this freewheeling conversation, where two investigators with decades of experience in financial services and intelligence explore how you can cultivate the mindset and skillset to boost your investigative results.

12:15 PM - 1:15 PM ET

Hunting Criminals, Securing Cyberspace - Law Enforcement Case Studies on Cyber Crime

While cyber threats have been on the rise since the inception of the internet, digital disruption driven by the pandemic has contributed to a surge in online crime, from darknet drug trafficking to child sexual exploitation. Fortunately, law enforcement in the US and worldwide have been vigilant and increasingly savvy in following the digital trails – and the money – of cybercriminals, and financial institutions can provide critical intelligence to support these efforts. In this session, hear from an experienced investigator with IRS-CI and a federal prosecutor as they walk you through notable cybercrime cases tied to online child exploitation, crypto crime and business email compromise. Along the way, you’ll learn the methods and financial trails used by cybercriminals, key investigative techniques to crack the cases, and how the private sector can support law enforcement against cybercrime.

9:00 AM - 10:30 AM ET

Future of Financial Crime: The Need of an Holistic Approach to Efficiently Combat Sophisticated Criminal Activity

10:30 AM - 11:00 AM ET

The Weakest Links – Thinking Like a Financial Criminal to Close Loopholes

From across the compliance, law enforcement and regulatory sectors comes an all-too-common refrain: we’re always one step behind the financial criminals. As bad actors move nimbly to subvert technologies, cross borders and exploit new financial products, the “good guys” can be slow to catch up. One way that may help close the gap is to start thinking like a financial criminal, adopting the mindset of our adversaries. On this session, experts from the law enforcement, compliance and tech space provide their perspective on how financial criminals identify and exploit weaknesses in the financial sector, and how you can use that knowledge and approach to better protect your organization. They’ll also give insights on the top emerging financial crime threats and challenges they’re facing.

11:00 AM - 12:15 PM ET

Everything Banks Need to Know About Cryptocurrencies

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 session, 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.

12:45 PM - 1:45 PM

Special Guest Speaker - Colonel Joshua Potter

Please join us to observe Joshua Potter, former Colonel in US Special Operations Command, uncover some emerging trends in financial crime and to address your concerns in your role to support your organization. Recently retired, after serving as the most distinguished Chief of Transnational Threats Division at US Special Operations Command, Josh has remained a driving force in the industry, without prejudice or bias; fortunately, he has retained his sense of humor and keen insights. Josh will identify several of the salient points of the week in an unabashed assessment of where these topics and tools apply directly to your workload and who are setting the trends we must watch. There are few persons of such character and conviction as Josh to deliver the resounding comments as to where Financial Crime has metastasized and how best to remove the infected tissue from your organizations. He will cover the role of the hunter, the tactics of the prey, and how you choose to be one or the other. From cryptocurrency, to dark web markets, to trade-based money laundering, to the emergence of new financial vulnerabilities in the post-COVID landscape, he will share the highlights of the week and how it will shape actions, authorities and responsibilities in the years to come. Josh is the inflection point and the punctuation mark for the conclusion of our week for good reason. You will not be disappointed.

2:00 PM – 2:45 ET

Welcome and Keynote - Jim Lee, Chief CI

When it comes to fighting financial crime in all its forms, few agencies have been as adaptive and relentless as the Internal Revenue Service Criminal Investigation. For decades they've been at the forefront of following the money in cases far beyond tax crimes, and more recently have played a leading role in responding to emerging criminal threats, from the rise of illicit crypto use and cybercrime to the surge in fraud schemes in the COVID-19 era. In this session, the Chief of IRS Criminal Investigation takes you inside how one of the world's premier law enforcement agencies is innovating and evolving to take on and take down financial criminals. You'll hear how the agency is equipping its agents to hunt cybercriminals, the top-of-mind criminal threats and trends that IRS-CI is confronting, how US law enforcement is collaborating internationally to take on global tax evasion, and much more. Come with your questions and join the conversation in this dynamic opening session!

9:00 AM - 10:15 AM ET

Counter-Proliferation Financing - Combating the Funding of Mass Destruction

Of all the many challenges in the financial crime arena, the hunt for financial footprints tied to weapons of mass destruction has emerged as one of the most critically important. The hunt for financial footprints tied to weapons of mass destruction has emerged as one of the most critically important issues in the financial crime arena. Though related to money laundering and terrorist financing, proliferation financing presents its own unique set of issues. In the wrong hands, widely used consumer goods can become raw materials for explosives, chemical arms, or the components of nuclear weapons. A lack of awareness means that some financial institutions are not looking carefully for transactions tied to proliferation financing – If they are looking at all. Recent events related to North Korea have only made the subject more pressing. In this webinar, an expert on proliferation financing examines the current risk landscape, gives insights on areas of risk tied to dual-use goods, and provides insights on practical compliance considerations for the financial sector.

7:30 AM - 8:45 AM ET

Speed Networking

7:00 AM - 7:30 AM ET

Digital Breadcrumbs: Following the (Digital) Money – Investigating Cryptocurrencies

Cryptocurrency seems to be all the rage these days, from public listings for exchanges to headlines regarding regulatory enforcement of said exchanges. As Bob Dylan sang, “The times, they are a changin’”, truer words have never been spoken within the financial compliance world, particularly regarding the advent of crypto currencies. We have seen an unprecedented shift in how we view money – let alone how we investigate these financial flows. As compliance officers/investigators, we are expected, by our respective governments, to be the “eyes and ears” of our financial institutions. We have been trained in traditional money laundering and fraud detection within fiat currencies. However, how are we expected to be compliant with regulation if we don’t quite understand what we are looking at within the crypto-verse. In this session, experts on cryptocurrency investigations give guidance on what to look for, how to follow a transaction on the blockchain, and what this means for your financial institution, as well as the recent regulatory guidance on cryptocurrency.

9:00 AM - 10:00 AM ET

Hunting Criminals, Securing Cyberspace - Law Enforcement Case Studies on Cyber Crime

While cyber threats have been on the rise since the inception of the internet, digital disruption driven by the pandemic has contributed to a surge in online crime, from darknet drug trafficking to child sexual exploitation. Fortunately, law enforcement in the US and worldwide have been vigilant and increasingly savvy in following the digital trails – and the money – of cybercriminals, and financial institutions can provide critical intelligence to support these efforts. In this session, hear from an experienced investigator with IRS-CI and a federal prosecutor as they walk you through notable cybercrime cases tied to online child exploitation, crypto crime and business email compromise. Along the way, you’ll learn the methods and financial trails used by cybercriminals, key investigative techniques to crack the cases, and how the private sector can support law enforcement against cybercrime.

9:00 AM - 10:30 AM ET
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Curious Attendees

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Innovative Sessions

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Awesome Speakers

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CFCS Credits

#MysterySolvers

Abner Santana
Adam McLaughlin
Alex	Pillow
Amanda Wick
Amit Khullar
Andrew Rudd
Andy Hofmann
Anthony (Tony) Midthun
Antonio Alvarez
Ari Redbord
Ben Gray
Beth	Bisbee

COMPLIMENTARY EVENT

FREE

Thanks to our sponsors
for allowing us to make
this event complimentary
to the FinCrime compliance
community!

#NotToBeMissed

Secure your seat for FinCrime Virtual Week and receive pre-event access to Grip, the greatest driving force behind ACFCS’ virtual experiences. Start connecting with peers who share your same business interests and build your agenda as early as two weeks before the event.

  • 100% live sessions with audience interaction
  • Education credits and certificates of participation
  • On-demand recordings and speaker presentations
  • Exhibit booths with free downloadable resources
  • AI networking via private chat and video meetings
  • Entertainment, scavenger hunt and daily winners

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Starter

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Single day pass

$150

  • One catered lunch
  • Afternoon snacks
  • Fun swag
  • Entrance Afterparty