BioCatch | Fighting Financial Crime in the UAE: Tackling Fraud and Money Laundering

We invite you to attend an insightful discussion on the escalating threat of financial crime in the digital era. Join us as we delve into the sharp rise in money laundering activities, the role of digital disruptions like generative AI in facilitating scams, and the specific concerns for the Middle East in 2025 and beyond. We'll also explore strategies that financial institutions are employing to combat fraud, the emotional impact on victims, and the role of regulators in tackling these issues. Don't miss this opportunity to stay ahead of evolving threats and gain valuable insights into the future of fraud prevention.

REGISTER YOUR INTEREST TO ATTEND NOW!

AGENDA

08:00 Registration & Networking
09:15 Welcome note
09:20 Opening Presentation
09:30 Discussion points:
  1. The Escalating Threat of Financial Crime in the Digital Era
    1. Analysing the sharp rise in money mule/laundering, activities, with nearly 2 million mule accounts reported globally in 2024.
    2. Examining the role of digital disruptions, including generative AI, in facilitating sophisticated scams and fraud schemes.
    3. Identifying key fraud and money mule concerns specific to the Middle East for 2025 and beyond.
  2. Navigating the Complex Landscape of Modern Scams
    1. Understanding prevalent fraud tactics.
    2. Discussing the emotional and psychological impact on victims, with nearly 60% reporting significant distress and 62% losing trust in online platforms.
    3. Sharing strategies and technologies that financial institutions are employing to stay ahead of increasingly sophisticated threat actors.
  3. Regulatory Oversight in Combating Money Mule Operations
    1. Exploring the role of banking regulators in overseeing and managing the money mule challenge, including potential policy interventions.
    2. Reviewing best practices adopted by banks in the UK and Australia and discussing their applicability in the Middle East.
  4. Technology Innovations in Fraud Prevention: Evaluating the effectiveness of behavioural intelligence
12:00 Lunch & Networking

REGISTER YOUR INTEREST TO ATTEND NOW!

 

VENUE


REGISTRATION FORM

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