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Over 30 Experts to Share Financial Crime Strategies for FinTech and Cryptocurrencies at ACAMS Assembly — TradingView News
WASHINGTON, DC, June 4, 2024 (GLOBE NEWSWIRE) — Amid increasing scrutiny of FinTech and cryptocurrency businesses, including regulators’ actions against banking-as-a-service (BaaS) providers and Department of Justice prosecutions of the United States against Digital Asset Service Providers, ACAMS, a leading global organization for financial crime (AFC) professionals, will convene FinTech, Crypto and AFC experts in Austin, Texas, from June 10-11.
Through engaging sessions, including in-depth discussions, case studies, mini-workshops and “lightning rounds,” the event will provide crucial perspectives on new and evolving threats, such as those related to decentralized finance, generative artificial intelligence, financial and terrorist financing.
The 2024 FinTech & Crypto Assembly will feature a program of over 10 information sessions with insights on:
- Advantages and risks of partnerships between banks and FinTech companies.
- Best practices for using large language models in AFC programs.
- Addressing terrorist financing.
- Red flags and lessons learned for crypto compliance.
In a key roundtable led by key regulatory agencies, speakers will explore topics such as President Biden’s executive order on artificial intelligence and the $10,000+ crypto transaction reporting rule. The session will also explore regulatory oversight considerations for BaaS operations and crypto licensing.
Featured keynote speakers include:
- Cesare Fracassi, Associate Professor of Finance, Director of the Blockchain Initiative and Director of the Fintech Research Lab, McCombs School of Business at the University of Texas at Austin;
- Christina Rea, former Interim Chief Compliance Officer, Binance, US, CEO and founder of RayCor Consulting, who will share important lessons from her time as Chief Compliance Officer at Binance, US
“With the FinTech and cryptocurrency worlds continuing to grow, it is essential that AFC professionals have the knowledge and strategies needed to drive progress while mitigating risks,” said Neil Sternthal, CEO of ACAMS. “This conference will foster the critical thinking and collaboration needed to create innovative compliance frameworks that strengthen our global AFC efforts and redefine the financial services landscape.”
Participants will have the opportunity to gain practical skills to integrate generative AI into compliance activities, detect cryptocurrency-based fraud, identify gaps in blockchain transaction monitoring, and leverage suspicious activity reports (SARs) to aid investigators. Attendees will also be able to interact directly with speakers and their colleagues during networking receptions.
For more information about The Assembly FinTech & Crypto 2024, including access to the agenda and registration portal, visit: www.acams.org/en/events/the-assembly/the-assembly-fintech-crypto.
Members of the media wishing to attend the conference in person can register by emailing a request to Lash Kaur at lkaur@acams.org with their full name and the organization they represent.
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About ACAMS®
ACAMS is a leading international membership organization committed to providing financial crime training, best practices and peer-to-peer networking opportunities to AFC professionals globally. With more than 100,000 members in 180 jurisdictions, ACAMS is committed to the mission of ending financial crime through the provision of knowledge-sharing anti-money laundering/counter-terrorist financing and sanctions measures, thought leadership, risk mitigation services, ESG initiatives and platforms for public-private dialogue. The association’s CAMS certification is the gold standard qualification for AFC professionals, while its CGSS and CCAS certifications are intended for sanctions professionals and AFC professionals working in the cryptocurrency industry, respectively. ACAMS’ more than 60 chapters globally further amplify the association’s mission through education and networking initiatives. Visit acams.org for more information.
Lashvinder Kaur
ACAM
+44 7388 264478
lkaur@acams.org