Fraud is a systemic issue and always involves more than one financial institution. Yet, there is no jurisdiction-wide technological solution for combating fraud; irrespective of the robustness of their individual counterfraud frameworks and systems, financial institutions continue to work in isolation, or as lone wolves. A critical challenge in the financial services industry is therefore to standardize fraud prevention strategies and systems across the financial services sector within jurisdictions. New technologies are paving the way for a more cohesive and united approach to mitigating fraud in the financial services industry, with the potential to disrupt fraud and ultimately protect consumers.
Join us for our upcoming webinar, where you'll hear from John Kidd, senior director at K2 Integrity; Ajit Tharaken, CEO at Consilient; Arion Petasis, founder and CEO at Coenobium Advisors; Rick Hoehne, fraud specialist at Coenobium Advisors; Constantin Von Altrock, founder of Fraud Averse; and moderator Richard Hills, head of the UAE office and senior managing director at K2 Integrity. By the end of this session, you will be able to:
- Identify fraud typologies and explain how their evolution underscores the limitations of siloed fraud prevention strategies
- Discuss barriers to adopting a fraud prevention ecosystem
- Evaluate the role of federated machine learning and AI in enhancing fraud detection while preserving data privacy across financial institutions
Sep 9, 2025 02:00 PM