Event Agenda
Day 1
Tuesday 11/16
Day 2
Wednesday 11/17
Day 3
Thursday 11/18
9:00 AM - 10:30 AM ET
Inside Project Shadow – Public-Private Partnerships to Combat Online Child Exploitation
Online child sexual exploitation is a growing scourge, driven in part by pandemic disruption and emerging payment methods. Fortunately, the public and private sectors have been actively responding to this insidious threat. Project Shadow is a public private partnership which was created to assist businesses and fincrime investigators in better identifying and reporting transactions related to the laundering of funds associated with online child sexual exploitation. On this session, hear from experts at FINTRAC and Scotiabank as they guide you through key red flags and typologies, recent case studies, and how you can apply the findings of Project Shadow to detect the financial footprint of online predators.
10:30 AM – 11:00 AM ET
[ROUNDTABLE] Ask Me Anything: Crypto Investigations
Are you curious about the intricacies of cryptocurrency investigations? In this “ask me anything” session, Chainalysis Director of Regulation & Compliance, Caitlin Barnett, will host a roundtable to answer your most pressing questions. What are best practices for drug trafficking investigations? How can I leverage parallel reconstruction? We'll address these questions and more.
11:00 AM - 12:00 PM ET
Privacy-Enhancing Technologies - The Key to Unlocking FinCrime Collaboration?
Collaboration is key to success in fighting financial crime, but for a very long time, financial institutions have faced a seemingly intractable obstacle - their ability to share customer and transaction data is very limited, even when it would be beneficial for transaction monitoring and modeling in fincrime compliance. Fortunately, innovation is on the horizon - Scotiabank has been working with fintechs and academia to test the use of Privacy Enhancing Technologies (PET) to create Trusted Execution Environments (TEE) to address the data sharing problem. This session will share these finding and discuss:
• The benefits of the confluence of counter-party facts to AML compliance and regulatory oversight
• The current challenges that limit the sharing of customer data
• Finding and conclusion from their Proof-of-Concept research; explaining the technologies tested and conclusions
• What’s next
12:15 PM - 1:00 PM ET
Can You Trust the Machine? – A Dialogue on Data, AI and Trust in FinCrime
As the financial system and financial crimes become ever more complex, investigators and analysts are increasingly reliant on algorithms and machines to help sort vast troves of data and support their investigations. This raises big questions - how do we know we can trust the algorithms and machine learning processes that underlie compliance programs? How can we be sure we're not missing data, or perhaps even worse, relying on systems with biases built into them? Join us for a free-flowing discussion on these topics and many more as we try to make sense of how and when we can trust machine learning and AI in financial crime prevention, how to recognize and deal with inherent bias, and why human psychology is the starting point for any successful use of innovative technologies.
1:00 PM - 1:30 PM ET
[DEMO] CipherTrace Armada: Cryptocurrency Risk Controls for Financial Institutions
In this demo, CipherTrace will demonstrate how Armada provides critical visibility for banks to reduce risks and identify the total crypto exposure inside your FIAT payment rails, understand how to identify high-risk versus low-risk crypto counter parties, discuss how CipherTrace analytics can be used within your existing AML and/or fraud system, and learn what questions regulators are asking about crypto exposure.
1:30 PM – 2:30 PM ET
The State of Global Crypto Adoption in 2021: Trends, Risks and the Canadian Context
2:30 PM – 3:00 PM ET
[ROUNDTABLE] Investigating Online Fraud: Shifting from Detection to Prevention
Take a minute and count how many different fraud and AML tools your business is currently managing. Merging online fraud detection, identity proofing, and user authentication creates digital trust across the entire customer risk journey and empowers teams to prevent fraud even before a transaction takes place. Join this future-forward roundtable discussion to learn how risk engines bring disparate data sources together to facilitate modeling as well as the visualization of big data to support fraud investigations, the benefits of each type of data enricher: device, behavior, anti-phishing, and malware, and how the convergence of digital trust and transaction monitoring is applied to common business problems such as account takeover and money mules.
3:00 PM - 4:00 PM ET
Terrorist Financing in a Changing World - New Risks, New Responses
Terrorists use a variety of technologies to facilitate their financing. From cryptocurrencies to online marketplaces, terrorists exploit new technologies to raise, use, move, store, manage, and obscure the source and destination of funds. Jessica Davis, author of Illicit Money: Financing Terrorism in the Twenty-First Century, will walk through the various methods that terrorists use these technologies to advance both their organizational and operational goals.
4:00 PM - 4:30 PM ET
[ROUNDTABLE] Next Generation Investigations: Building a Holistic, Data-Driven Approach to Combat Financial Crime
Traditional rules-based monitoring methods are ill-equipped to detect today’s complex crime. Across departments, financial institutions struggle to see a complete view of risk and instead rely on investigations teams to sift through false positives and piece together data from disparate sources to make critical decisions. Join this roundtable for a discussion on investigations and how to enable a step change across the organization. We’ll address the challenges and silos existing in investigations across KYC, Fraud and AML, guidance from the regulators – are they beginning to put more emphasis on intelligence led investigations? Spotlight on New Amendments under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), and ways that technology can address these needs holistically and at the enterprise level.
4:30 PM – 5:15 PM ET
Opening Night Reception
8:30 AM – 9:30 AM ET
The Reality Behind Human Trafficking Transactions – A View from the Survivor's Perspective
When it comes to detecting human trafficking, what's missing from your customer's transactions may be just as important as what's present. In this can't-miss session, Timea Nagy leads a panel of human trafficking survivors as they give you insights on how trafficking happens in real life, and what transactions you'll see - and won't see - in financial institution accounts. Join us for this powerful presentation and leave equipped with knowledge to bolster the fight against human trafficking.
9:30 AM – 10:00 AM ET
[ROUNDTABLE] Preparing for RTR- Protecting your Organization and Supporting your Consumers
The Real-Time Rail (RTR), Canada’s new payments system, is expected to go-live in 2022 to support real-time payments/instant payments and act as a platform for innovation. FSOs see the opportunities for growth through digital modernization, but they are also aware of the related challenges in keeping their clients safe and secure. Now factor in ensuring these new payment channels are not abused by financial criminals. Can your FSO mitigate financial crime risks associated with real time digital transactions without impeding the client experience and compromising on security? Tune into this session to find out how.
10:00 AM - 11:00 AM ET
PCMLTFA Implementation Update - Progress and Challenges
A lot has happened over the past twenty years since the introduction of The Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). In this session, our panelists will discuss both the progress made in this sphere as well as the challenges that still plague FI's when implementing the current version.
11:00 AM – 11:30 AM ET
[DEMO] Crypto Tracing for Darknet Market Vendor Identification with Chainalysis Reactor
Chainalysis Reactor provides the foundational layer for blockchain data collection, cryptocurrency analysis and tracing that financial crime investigators need to monitor illegal activity, prosecute criminals and seize assets at the speed of new money.
11:30 AM – 12:30 PM ET
Project Gemini - Fighting Counterfeiting, Disrupting Organized Crime
When is a fake handbag not just a fake handbag? When it’s part of an international network of counterfeiting run by transnational organized crime rings. Globally and in Canada, counterfeit goods are a massive source of income for illicit groups, and the problem extends far beyond consumer goods. Fortunately, the Canadian Anti-Counterfeiting Network (CACN) and Western Union have joined forces to lead a new initiative called "Project Gemini". Attend this session and learn about recent cases involving counterfeit goods, IP infringement and financial crime - and how Project Gemini is set to reform public safety by detecting and deterring such activities through heightened awareness, strengthened reporting measures and the sharing of best practices.
12:30 PM – 1:00 PM ET
Speed Networking - Power Play: Who Has the Power?
1:00 PM - 2:00 PM ET
Digital Identities and CDD/KYC Innovation
For many institutions this past year, it wasn't the CEO or CTO that led to a digital transformation in their operations - it was COVID-19. As financial services have gone digital, critical compliance operations like KYC/CDD have sometimes struggled to keep up. Innovations around digital identity are promising, but how do you cut through the hype and make meaningful changes in your program? In this session, hear views from experts on the next wave in identity and how it impacts your financial crime programs.
2:00 PM - 2:30 PM ET
[DEMO] Orchestrating Risk Across Your Fraud & AML Teams
To build better customer relationships and increase profits, enterprises must converge their fraud and compliance solutions, and remove the silos that allow sophisticated criminals to take advantage - criminals see no such barriers. There are of course differences between the two disciplines. The primary motivation for the fraud department is to reduce loss, while for the compliance team it’s keeping on the right side of the regulators, but they have many common goals including reducing the impact of financial crime on legitimate customers, protecting the reputation of their organization, and improving efficiency and driving down cost. Join us and learn how Feedzai’s approach to financial crime can enable you to manage risk across your fraud & AML teams.
2:30 PM – 3:30 PM ET
Dialogue Session - STR Tips from the Pros
This session will engage the panelists regarding best practices they have developed while performing investigations for their financial institutions. This will include how best to craft your STR narrative for law enforcement as well as to remind audience members of the need to double check that all boxes are ticked for the regulator to achieve the optimum visibility.
3:30 PM - 4:00 PM ET
[ROUNDTABLE] Crypto Hot Topics: Expert Ask Me Anything (AMA)
In this roundtable, CipherTrace's CEO Dave Jevans will answer all your burning questions about cryptocurrency, including topics on What is ransomware and what does it have to do with crypto, what is DeFi and do banks need to worry, how do criminals use crypto to take advantage of banks, what red flags should banks be looking for regarding crypto-related fraud and money laundering, and much more.
4:00 PM - 5:15 PM ET
Human Trafficking In Canada - A Case Study
Following the money is tantamount in pursuing criminals who engage in human trafficking. This session will dive into how a particular case unfolded and provides tips on how FinCrime investigators can pursue their own investigations.
9:00 AM – 9:30 AM ET
Speed Networking
9:30 AM – 10:45 AM ET
Financial Crimes Risk Management and ESG - Worlds Apart or One World?
AML, KYC, CFT... and now ESG? When it comes to effective financial crime compliance programs, environmental, social and governance criteria (ESG) is not just another in the seemingly endless number of acronyms. While the connections may not seem immediately obvious, institutions in Canada and beyond are taking a hard look at how financial crime programs connect to and support wider sustainability goals. In this session, Joseph Mari takes a deep dive into the intersection between sustainability initiatives and financial crimes risk management. It will cover the United Nation’s Sustainable Development Goals (SDGs) and industry initiatives on sustainability, how they converge with anti-money laundering, and what all this means for your compliance program.
10:45 AM – 11:00 AM ET
[DEMO] RTR: IFM-X’s Real-Time Payments Fraud Protection
The faster the payment the faster the fraud. With Real-Time Rail (RTR) set to go live next year in Canada as part of the Modernization initiative, opportunistic fraudsters are exploiting faster payments channels with ever more complex schemes. In this insightful demo, our experts will show how NICE Actimize’s Integrated Fraud Management (IFM-X) platform can detect and prevent fraudulent real-time transactions to prepare your organization for RTR.
11:15 AM - 12:15 PM ET
Live Q&A - How I Started My Compliance Career
The field of financial crime compliance can make for a rewarding, challenging and varied career. For those looking to break into the compliance world, where to begin? And for those already in compliance roles, how to develop professionally and take it to the next level? There may not be easy answers to these questions, but it helps to have guidance from professionals who have been in the trenches. On this session, hear from compliance insiders at various stages of their careers on how they got started, how they advanced and what advice they have for you. Come with your questions and join a free-flowing conversation!
12:15 PM - 12:45 PM ET
[DEMO] Reducing the Cost of Compliance: Contextual Decision Intelligence
Data is at the heart of effective financial crime detection, but harnessing that data is often cited as a top pain point for financial institutions. Contextual decision intelligence technology, powered by entity resolution and graph analytics, connects data and enables FIs to streamline KYC processes and make investigations teams more efficient. In this session, you’ll see how Quantexa technology gives you a complete view of data so you can reduce false positives by up to 95%, complete investigations up to 80% faster, and automatically detect complex suspicious activity frequently missed by traditional systems.
12:45 PM - 1:45 PM ET
Everything Financial Institutions Need to Know About Cryptocurrency
Banks have by and large avoided cryptocurrency over the past decade. But as crypto becomes mainstream, ignoring it becomes a costly position—both because of the risk of fines and penalties for banks that have illicit transactions happening on their payment rails, and because of the failure to provide banking services to lucrative crypto accounts. In this session, CipherTrace VP of Financial Investigations will share a comprehensive overview of the relationship between traditional finance and the crypto economy. He will show how a risk-based approach to crypto can help financial institutions embrace the potential of cryptocurrency.
1:45 PM - 2:15 PM ET
[DEMO] FinCrime Fighting with ACFCS
Financial crime remains one of the biggest challenges facing governments, private institutions and individuals alike. Training is at the forefront of that battle where criminals will stop at nothing to continue their illicit activity. Join members of the ACFCS team in this energetic session to get a behind-the-scenes look at how ACFCS training, including the CFCS Certification, prepares professionals to rise to the challenge and accelerate their careers.
2:15 PM – 3:00 PM ET
The Evolution of Fraud & Money Laundering Prosecutions in Canada
Of the financial intelligence disclosures that FINTRAC provided to law enforcement and national security agencies last year, a full 35% were related to laundering of funds tied to fraud. Fraud and money laundering have long been inextricably linked in Canada, and as these criminal threats have evolved, both the public and private sectors have been challenged to keep pace.

In this session, legal experts explore the changing landscape of fraud and money laundering prosecution in Canada. Join us for an engaging conversation on how fraud prosecution is evolving in response to the digital nature of fraud schemes, successes and challenges in money laundering prosecutions, the progress made by the Cullen Commission, and much more.

3:15 PM – 4:00 PM ET
Trasnational Crime and Canada – Beyond the 'Vancouver Model'
In 2017, the so-called ‘Vancouver Model’ became a household name as rolling revelations of money laundering by Chinese organized crime roiled Canada. Since then, Canadian authorities have pushed for reforms of the gaming and real sectors, but gaps remain for savvy global criminals to exploit, leaving many FinCrime professionals wondering what comes next and what illicit activity is still hidden in the shadows.
4:00 PM – 4:30 PM ET
Closing Remarks, Giveaways and Grand Contest Winners