Fraud in a Changing Environment – Data and Best Practices to Guide Your Institution
As the COVID-19 pandemic continues to have sweeping economic impacts across the United States, new fraud schemes and trends are affecting financial institutions and their communities. Armed with big data from COVID-19 fraud and historic trends from recent recessions, this session will dive into what financial crime fighters can expect over the coming year and how to prepare for emerging fraud trends.
Join this session to learn:
Data surrounding fraud trends from previous months
What the coming month will likely hold
How to best prepare your institution for emerging fraud
This session is eligible for 1.25 hours CAFP, 1 hour CFCS
Jordan BothwellJordan Bothwell is a Sr. Business Development Manager at Advanced Fraud Solutions, where she works with financial institutions to stay one step ahead of the fraudsters. In her over 8 years with AFS, Jordan has seen the fraud market evolve and expand, and has shaped the corresponding new product lines to address these different fraud avenues. Her many contributions have shone both a regional and national spotlight on Advanced Fraud Solutions, recognized as one of “The Fastest Growing Private Companies in America” and “Top 100 Financial Services Companies in the United States” by Inc. Magazine.
Terri Luttrell, CAMS-Audit
Terri Luttrell is a seasoned AML professional and former director and AML/OFAC officer with over 20 years in the banking industry, working both in medium and large community and commercial banks ranging from $2 billion to $330 billion in asset size. She has successfully worked with institutions in developing BSA/OFAC programs, optimizing various automated solutions, and streamlining processes while ensuring all regulatory requirements are met. As the Compliance and Engagement Director at Abrigo, Terri provides insights that contribute and support long-term banking strategies based on analysis of market and industry trends, competitor developments, and financial and regulatory technology changes. She is an audit-certified anti-money laundering specialist and a board member of the Central Texas chapter of the Association of Certified Anti-Money Laundering Specialists (ACAMS). Terri earned her bachelor’s degree in business administration, specializing in business and finance, from the University of North Texas.