Verafin Inc., a leading provider of fraud detection and anti-money laundering collaboration (FRAMLx) software, this week announced four new full-day educational conferences taking place in October 2016.

These complimentary conferences, designed for BSA/AML and fraud detection professionals, will include presentations by a variety of industry experts, including Chris Swecker, former Assistant Director of the FBI. The morning presentations will focus on emerging trends in financial crime and banking technology that are of increasing importance to financial institutions across the country:

• A Deep Dive into the Fast-Growing World of Cyber Crime
• Managing the Risks in Bitcoin Technology

Following these presentations will be an afternoon of power training on innovative technology enhancements and best practices for financial crime detection, including CDD/EDD and customer risk management, online account takeover, money laundering and fraud detection, crime ring detection, and more. The event will conclude with an evening networking reception.

The regional locations and dates are as follows:

• South: Grapevine, TX - October 4, 2016
• West: Palm Springs, CA - October 6, 2016
• East: Mashantucket, CT - October 18, 2016
• Central: Lincolnshire, IL - October 20, 2016

“These conferences are an exciting opportunity for people to join with their fellow BSA/AML and fraud detection professionals in an environment of learning and knowledge sharing. Each day will include industry experts speaking on numerous hot topics impacting the world of financial crime detection, both as it exists today and how it will evolve in the future,” says Brendan Brothers, Verafin Co-founder. “We get to discuss and share what we are seeing, as well as learn from people in financial institutions that fight against financial crime every day. It’s by working together that we can all have the most positive impact - whether you’re a BSA/AML professional, a fraud investigator, or a member of law enforcement.”

Verafin’s FRAMLx software helps financial institutions (FIs) stay a step ahead of criminals. It provides users with innovative fraud detection and AML (FRAML) capabilities, tools for BSA compliance, cross-institutional financial crime detection, and the ability for FIs to collaborate and share information about potentially suspicious activity. These features help uncover deeply hidden unusual activity and reduce financial crime.