Fraud in Financial Services Summit – 31st March 2022, London
This one-day event will be held at the Tower of London’s DoubleTree by Hilton Hotel. More than 20 industry-leading subject matter experts will participate in the event, sharing their experiences and ideas on how businesses adapt to the ever-changing global fraud risk landscape. Senior executives from banks, insurance companies, FinTechs, government, regulators, and the broader financial services industry are invited to attend.
The 2022 Fraud in Financial Services – London conference will focus on the challenges that banking and financial institutions face in terms of fraud prevention and detection, highlighting best practice methods and business standards that organizations must follow in order to reduce risk while accelerating digital agendas and business growth. The event, which will be held on March 31, 2022, will explore the shifting fraud risk landscape, data-driven decision making, next-generation fraud technologies, cybercrime, scam strategies, market trends, key drivers, and intelligence sharing and collaboration, among other themes.
This one-day event will be held at the Tower of London’s DoubleTree by Hilton Hotel. More than 20 industry-leading subject matter experts will participate in the event, sharing their experiences and ideas on how businesses adapt to the ever-changing global fraud risk landscape. Senior executives from banks, insurance companies, FinTechs, government, regulators, and the broader financial services industry are invited to attend.
With 20 above speakers, 6 above solution providers, and 150 above solutions, this panel discussion brings together senior financial industry executives to discuss current fraud trends and best practices in Europe. This expert panel will discuss best practices and critical takeaways for managing fraud risk as the industry continues to fight fraud, financial crime, and cyber-crime.
What’s on The Agenda?
The agenda for this summit will consist of the following:
Fraud and financial prevention as well as what's new in 2022
Transform Finance draws together senior financial services executives to discuss current fraud trends and best practices in the United Kingdom. This panel of experts will share best practices and important takeaways for managing fraud risk as the industry continues to battle fraud, financial crime, and cyber-crime.
- Trends in the UK and throughout the world
- What are the most recent cybercrime dangers and challenges?
- In 2022 and beyond, what sorts of fraud are expected?
- Will the rate of fraud keep rising?
- To fill the gaps in the fraud sector, we’re looking into the practitioner’s point of view.
- What can the industry do to combat fraud effectively?
Fraud prevention by using behavioral biometrics to detect fraud and delight customers
- What is behavioral biometrics, and how can we use it to generate actionable data?
- How behavioral biometrics reveal previously undetected connections in a population
- What role can behavior play in the fight against fraud?
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The impact of organized crimes on branches network & insider fraud: The evolving thread
- Insider fraud is a significant issue, but how has the risk picture altered in the last 24 months?
- What are the most difficult aspects of gathering evidence and researching prospective cases while abiding to data privacy laws?
- What role does your data, technology, and workers play in preventing insider fraud?
Roundtable discussions
- How Do We Respond to Authorized Push Payment Scams? Discover how Authorized Push Payments Fraud affects banks (APP). We’ll also look into the role that behavioral biometrics can play in preventing social engineering schemes of this nature. Greig Burns, BioCatch Threat Analytics Consultant Gemma Staite, BioCatch Threat Analytics Lead (EMEA)
- Payment and digital banking fraud – What are the most recent examples and trends? Speakers: Roy Belchamber, NetGuardians’ Head of Product Management
- What does it mean to have a high-risk appetite for fraud? What’s more, how do we turn this into a successful detection and prevention strategy? Eddie Vaughan, a former future fraud risk manager for a tier-one bank, will speak about current trends and best practices. Speakers: Edward Vaughan, TruNarrative’s Head of Banking.
- Sharing Best Practices for Preventing Insider Fraud Overview of the discussion- Insider fraud is a multibillion-dollar global problem that was exacerbated by the epidemic, which forced most workers to work from home on short notice. Hybrid working is a prominent topic of discussion as we slowly start to emerge from the other side. So, in a changing remote working environment, how can the financial services industry better defend itself against evolving internal fraud concerns and potential cases of external collusion? Omri Kletter, Global VP of Product & Strategy, Bottomline, is one of the speakers. Bottomline’s Ruud Grotens is the head of CFRM Solution Consulting.
- Fraud Prevention & Detection Through KYC Innovation. In the face of enormous robotic fraud, today’s single-touchpoint, high-friction KYC processes are failing, and actual consumers are being subjected to harsh first encounters in the name of risk management. However, a light-touch, continuing, and adaptable KYC that doesn’t forsake forensic scrutiny — and provides a way to bank more of the unbanked — is now possible. Martin Rehak, Founder & CEO of Resistant AI, is one of the speakers. Principal Consultant at Resistant AI, James Brodhurst
- Smarter AI can help you avoid fraud. Using real-world examples, we’ll show how machine learning and graph databases are helping large US banks increase their fraud detection rates by up to 20%. Harry Powell, TigerGraph’s Head of Industry Solutions, is one of the speakers. Martin Darling, TigerGraph’s VP EMEA
- High-risk stages in the customer journey: Friction vs. Fraud. Many risk points exist along the client journey, providing chances for fraudsters. Share your insights and best practices on onboarding, rebinding, and authentication risk areas as they evolve. Technology implementations that reduce these risks, as well as insights into how to improve the client experience. Milko Radotic, Vice President of Sales for EMEA
- Monitoring with FRAML: Examining the advantages of merging fraud and anti-money laundering monitoring, as well as the risks of not doing so. Speaker: Trevor Barritt, Symphony Ayasdi’s Pre-Sales Solution Consultant
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1 on 1 business meetings & split sections
- Track 1 – Modereted by Marie Lundberg
- Track 2 – Moderated by Ian Newns
The switch to digital & shift to FinTech & using APIs to access a world of Data
How companies are using microservices and third-party API gateways to respond to fraud, risk, and regulatory changes in real-time
Organized crime attacks on the UK financial sector through the use of FinTech and digital payments
- How the UK and international organized criminal organizations (OCGs) sneak funds into the financial system to make digital payments
- How fintech, crypto assets, and digital payments are used in the money laundering process by OCGs that provide professional money laundering services
- How do crooked non-bank fintechs use the UK payment system to transport illegal proceeds around the world?
What an exciting summit it will be! Regularly visit Charbacking to always be updated with new developments!
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