If we have learned anything from digital transformation, it's that fraud now comes in multiple forms across multiple vectors - simultaneously. And for financial services organizations to be able to spot and stop these schemes requires tearing down silos and building new partnerships like never before.

Claire Le Gal, a 26-year Mastercard veteran, shares exclusive insight on:

• Emerging fraud trends - and why they are so challenging to detect
• How we can make it harder for the fraudsters to succeed
• Why fraud fusion centers are only the start of the cross-enterprise collaboration that needs to occur

As banks, merchants and individuals continue to adopt faster payments, fraud is outpacing fraud prevention. How are patterns of fraudulent activity in faster payments different to traditional payment methods? How are the fraud actors collaborating within their fraud community? What are the technologies and controls we need to mitigate this criminality? 

This expert panel will share insights and strategies, including:

• The faster payments fraud landscape;
• The technologies and controls needed to mitigate this criminality;
• How can we improve information sharing and collaboration efforts.

From brazen crypto fraud schemes to landmark arrests and an historic executive order, 2022 has been a watershed year for cryptocurrency. But how is the U.S. federal government both using and regulating crypto, and what is the global outlook/influence?

Join government/crypto expert Ari Redbord for an entertaining and informative look at government's approach to crypto, including:

• Investigations
• Global legislation
• Impact of Biden's EO

Enhance your Summit experience by visiting the Sponsors’ Interactive Booths. Chat with Representatives at each Booth, access valuable resources, schedule a demo and more!

Virtual currencies are beginning to play an increasingly prominent role in the global economy. The growing prevalence of virtual currency as a payment method likewise brings greater exposure to sanctions risks—like the risk that a sanctioned person or a person in a jurisdiction subject to sanctions might be involved in a virtual currency transaction. Accordingly, the virtual currency industry, including technology companies, exchangers, administrators, miners, wallet providers, and users, plays an increasingly critical role in preventing sanctioned persons from exploiting virtual currencies to evade sanctions and undermine U.S. foreign policy and national security interests.

In this Exclusive Session with Lawrence Scheinert, Associate Director, Compliance and Enforcement, Office of Foreign Assets Control (OFAC) at U.S. Department of the Treasury we will explore:

• Who Must Comply with OFAC Sanctions?
• Consequences of Noncompliance
• How Do You “Block” Virtual Currency?

The promise of cryptocurrency - cross border value transfer at the speed of the internet - presents tremendous challenges for businesses and policy makers. But, according to our panel of experts, those challenges are outweighed by the opportunities to bring banking services to the unbanked corners of the world, to fund humanitarian needs, and democratize finance. We will talk about both the challenges and opportunities in this new internet of money.

Establishing trust within industry guidelines for crypto and other payments is crucial, but how is this trust truly built? Our expert panel will take a deep dive into best practices for transparency, and will address the following facets of the crypto and payments space:

• Increasing importance of third-party transparency
• How the industry is trying to streamline the many different requests for guidance
• Emerging solutions that allow for scalability

All content from Day 1 will be available on demand from 9 AM - 5 PM ET on Day 2, Wednesday, November 2nd. Don’t miss the chance to log-in and consume any content you may not have had the chance to see at your own convenience.