Join us for an insightful webinar as we delve into the transformative market forces that are reshaping how financial institutions (FIs) combat financial crime. In particular, we will explore the growing concern of money muling and its impact on FIs' strategies, organizational structures, and approaches to defining, monitoring, and controlling criminal activities.

As the possibility of a shift in liability for scam reimbursements becomes increasingly real, FIs are facing mounting pressure to mitigate potential losses associated with receiving funds from scammers. Consequently, many institutions are reconsidering their investment in proactive mule detection capabilities, recognizing the urgent need to adapt and safeguard against this evolving threat.

During this webinar, Aite-Novarica Group Strategic Advisor Trace Fooshee will analyze the market forces driving this pivotal shift in trends, as well as examine the implications that this transformation holds for both FIs and solution providers in the months and years ahead. Key topics to be discussed include:

• Understanding the changing landscape of financial crime management
• Exploring the rise of money muling and its significance within the financial industry
• Evaluating the potential consequences of a liability shift for scam reimbursements
• Unveiling proactive mule detection capabilities and their effectiveness in combating financial crime
• Identifying emerging trends and strategies to stay ahead of criminals in an evolving ecosystem