Remove event-software-training
article thumbnail

6 Steps to build an AML staffing plan for unexpected changes

Abrigo

Keep me informed Download Use results from above to document and approve AML succession plan Scout key AML positions/talent Watch for triggering events Build out and document plans to remain BSA compliant. Follow through on training/professional development needs and set reminders to review/update the plan. Keep plans relevant.

Training 195
article thumbnail

6 ways to safeguard your AML program against surprise staffing needs

Abrigo

Making plans in case of shortages and being proactive by cross-training employees can help. Takeaway 3 Enlisting alternative staffing resources and investing in AML software that reduces manual labor are two additional strategies to ease staffing changes. Takeaway 2 A staffing needs assessment helps guide decision-making.

Training 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Super Bowl and human trafficking: how financial institutions can help

Abrigo

Large sporting events like the Super Bowl exacerbate human trafficking Financial institutions may see increased signs of human trafficking during the upcoming Super Bowl. Sadly, there can be an uptick in this practice in areas where large events take place. AML Software. AML Training. AML Software. AML Training.

Training 195
article thumbnail

5 reasons your financial institution should attend the ThinkBIG 2024 conference

Abrigo

Get your ticket now for ThinkBIG, an industry-leading learning and networking event. Consistently rated a top industry event by attendees, ThinkBIG brought together 650 people from banks, credit unions, and partners in 2023. Don't miss news about the ThinkBIG conference and other Abrigo events.

article thumbnail

Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

All these events can be manipulated into a scam and used as a catalyst to make you a victim. They make fake accounts and profiles and analyze people groups, current events, and regional characteristics to appear as legitimate as possible. Understand that scammers are professionals. There are no accidental targets.

Fraud 195
article thumbnail

Easy Ways BSA Officers Can Get Their Required Training

Abrigo

Ongoing training is at the very heart of a satisfactory Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program in financial institutions. And beyond those events, it can be tricky to find affordable training that doesn’t require a costly new membership or subscription. between September and January. Ready to Attend?

Training 150
article thumbnail

The true cost of fraud

Abrigo

The Federal Bureau of Investigations (FBI) reports that natural disaster has historically brought fraudsters out of the woodwork, pouncing on a pool of vulnerable victims: the more catastrophic the event, the more active the fraudsters. Software: Do you have adequate fraud detection and monitoring systems ? They should always be.

Fraud 195