Compounding FinCrime Concerns: Pros and Cons of Combining BSA and Fraud Departments
2:00 PM ET / 1:00 PM CT
Over two thirds of survey respondents in Abrigo’s 2021 FinCrime Industry Survey said that their BSA department also covers fraud. The pandemic prompted a lot of consolidation in compliance areas, particularly at smaller institutions, and many different financial crime concerns are becoming more and more interrelated. How can you approach BSA/AML with a fraud mindset? What are the advantages and disadvantages of combining BSA and Fraud departments? Join this webinar for resources and considerations as you develop a unified plan for combating financial crime across BSA/AML, fraud, and cyber-enabled fraud initiatives within your institution.
Join for a discussion on:
- Fraud resources – what are the latest trends?
- Key approaches to identifying and preventing fraud, including workflow and configuration suggestions
- To Crossover or Not To Crossover – BSA and Fraud Lines in FinCrime fighting
This session is eligible for 1 credit CAMS & CFCS and 1.25 credits CAFP & CRCM.