Securing a holistic view of a faster world: getting anti-fraud ready for real time payments

Online | 19 May, 2021 | 5pm BST / 12pm EST

Life is about to get a lot faster. As the restrictions from pandemic-related lockdowns loosen, businesses are preparing for recovery and a return to normalcy. Smart payment professionals have embraced digital payments at an accelerated pace and eradicated manual inefficiencies, and customers are increasingly demanding faster payment services. The rollout of the FedNow faster payment services and the soon to go live SWIFT ISO20022 standards are set to reduce settlement timeframes from days to hours. In this faster world, the opportunity for financial institutions is significant.

It will be interesting to see how this ecosystem will strengthen the industry, as well as what new risks and weaknesses it will incur. Financial institutions and corporations alike need to review and upgrade security and fraud systems to gain a holistic view of customer behaviors from faster inbound and outbound transactions, occurring in short time frames. With technological advances in machine learning and APIs, secure anti-fraud solutions and protocols for faster payments are rapidly evolving. In this webinar, we discuss the approach to making your payments and card systems ready for the faster life ahead.

Paul Nicholson

Paul Nicholson

Senior Content Producer EuroFinance
David Excell

David Excell

Founder Featurespace

Dave is Featurespace’s Founder, responsible for the growth and operation of the business across the Americas and oversees the global Product strategy. After studying at the Australian National University and the University of Cambridge, Featurespace began as a concept and has become a leading enterprise financial crime platform for financial institutions and technology providers. Dave is also a board member for the Technology Association of Georgia and The Knoble, bringing together networks of financial crime specialists to prevent criminals from using the world’s financial systems to profit from the suffering of others.

Ian Mitchell

Ian Mitchell

Principal (Partner), Financial Crimes Unit (FCU) PwC

Ian is a Principal (Partner) in PwC’s Financial Crimes Unit (FCU), currently leading the Fraud Management Practice. He has been fighting fraud and financial crime for over 20 years across over 30 countries, in leadership positions in the financial services industry. Ian’s breadth of fraud experience covers consumer and commercial banking products and channels, merchant fraud, and several insurance products.

Recently, Ian served as the head of fraud management at Fifth Third Bank where he led the enterprise fraud management functions related to prevention, detection, investigations and response. Prior to that, Ian held the position of Global Fraud Risk Leader at Ally Financial, where he was responsible for fraud risk management across 22 countries. At Ally, Ian established the fraud program, organization and infrastructure for consumer and commercial lending, and insurance for their automotive business. Ian has also held fraud management leadership positions with USAA and GE.

Ian is a regular industry speaker, often providing his insights on Financial Crime convergence, digital transformations, emerging fraud threats and most recently COVID/Stimulus related fraud challenges.

Ian is a Certified AML and Fraud Professional (CAFP), through the American Bankers Association (ABA). He is a founding member of the ABA’s Financial Crimes Advisory Board, has held positions on MasterCard’s US Fraud Advisory Council and the Bank Policy Institute BITS Fraud Steering Committee, and authored the Fraud Section in ABA’s Second Edition of the Financial Crimes Reference Guide.

In 2019, Ian established The Knoble non-profit, with the mission to unite the financial crimes industry to protect vulnerable populations. Fighting human trafficking, exploitation, scams and abuse.

Ben Wallach

Ben Wallach

Founder & CEO Crown Advisory Services

Ben Wallach is a seasoned executive in the financial services industry with 25 years of experience. Ben specializes in the art of protecting institutions (+4.5T of Assets) by focusing on the human element (+3T of customer deposits) – “If you know your customer well enough, the bad actor will stand out as an imposter”. Ben has been responsible for strategic leadership of company wide transformational initiatives in the fraud, security & identity space, as well as tactical expertise in digital threats faced by the global financial services industry over the past 20 years.

Most recently, Ben is using his industry knowledge acquired vertically by leading programs at Regions, Wells Fargo, Citi, PNC and BB&T for the greater good of the entire ecosystem. In doing so, Ben is focused on accelerating the curve for industries to adopt & utilize leading edge technologies, execute on world class processes and cultivate professionals that are critical to the future success of the ecosystem.

Ben currently advises executives for leading edge global technology companies that provide solutions across the Fraud, Security & Financial Crimes ecosystem. Ben is also standing up a much needed career coaching service to ensure we meet the coming demand for experts in this ecosystem.

Adam Keck

Adam Keck

Payments Product Director Fifth Third Bank

Adam Keck has been with Fifth Third Bank for 10 years and has spent the last 7 in Commercial Payments Product Development. In the past 7 years Adam has led the inception, design, and launch of several payable products including, most recently, Expert AP an AP automation solution. Products launched have incorporated the following components: Invoice Digitization, Dynamic Discounting, Commercial Card, ACH, and Check Outsourcing. Currently Adam is the Director of Payments Product, responsible for a group that covers, Commercial Card, Expert AP, Paymode-X, and Integrated Payables.

Register now