Recently I had the privilege to attend two customer events hosted at SAS’ new Executive Briefing Center. The first was a two-day SAS anti-money laundering (AML) customer connections workgroup which was then followed by the 7th Annual Terrorism Financing and Money Laundering Forum. Some of you may be thinking, “Isn’t anti-money
"Viewed by law enforcement, there is no line between money laundering and fraud; the distinction is the underlying activity." That was Dan Wager's opening remark to his discussion of fraud convergence during the 7th Annual Terrorism Financing and Money Laundering Forum hosted in Cary, North Carolina. Wager is Senior Vice
One of the hottest topics on today's agenda for financial institutions is FFIEC's recently released guidance supplement calling for layered fraud secuity and authentication. So, during the recent Terrorism Financing and Money Laundering Forum in Cary, North Carolina, a panel discussion on fraud was developed to discuss emerging trends in fraud -
New for this year's Annual Terrorism Financing and Money Laundering Forum, the afternoon sessions were divided into two tracks, anti-money laundering (AML) and fraud, each featuring a topical presentation and a panel discussion. During the AML panel discussion on emerging trends, representatives from several US law enforcement agencies and the
Sunday marked 10 years since the Sept. 11 terrorist attacks forever changed our focus on threats to US security. Last week, SAS hosted the 7th annual Terrorism Financing and Money Laundering Forum, a day of information sharing among the key players from both the public and private sectors in the
Most health care organizations either intentionally or due to some inability don’t use outside information (not just referals) in their search for fraud. There are great numbers of valid reasons for this: HIPAA, security, usable/current data sources, inflexible information systems or processes, restrictive compliance & IT departments, and the list
As a follow-up to my appearance on CNBC’s, The Call July 22, I feel it is appropriate to comment further on the fraud risks we are seeing across industries due to the continued move online. Karen Tso did a nice job of raising the significant cyber-crime issues we see due to
Skimming and phishing attacks are becoming more common, with fraudsters taking full advantage of technology to operate globally. In the last two weeks alone, there have been headline articles on fraud or security breaches almost every day in the Wall Street Journal. Then there was the recent posting on BankInfoSecurity.com
Due to the rapid changes in both the health care market and more specifically the amount of fraud being committed in it, it is even more important than ever to maintain some degree of life cycle management to update the analyses used to detect and identify aberrant activity. However, many
Almost every day there is a new story of account takeover or cyber criminals draining commercial bank accounts. This leaves banks in the very difficult situation of needing to provide stronger authentication and more sophisticated technology to help prevent similar attacks in the future. According to the Federal Financial Institutions
