Trends and Technology: The Evolution of Fraud in a Digital Age

Originally offered October 24, 2017

Duration: 60 minutes

CPE Credit: 1 

Description: In this webinar, Mauriceo Castanheiro discuss the changing landscape of financial crime with a focus on emerging fraud trends. They will highlight specific industry trends, including the impact of EMV rollout, the growth in payments fraud, and the financial and reputational risks of cyber-enabled financial crimes.

Castanheiro will also discuss innovative technologies and best practices to identify and detect emerging fraud trends, and outline best practices to strengthen your fraud program and minimize the risk of loss.

Field of Study: Information Technology

Course Level: Basic

Prerequisite: None

Advanced Preparation: None 

Delivery Format: Group Internet Based 

You Will Learn How To:

  • Evaluate current and emerging trends in fraud and financial crime, including deposit/check fraud, card fraud, wire/ACH fraud, online account takeover, and loan fraud.
  • Recognize fraud schemes targeting your institution and your customers, including business email compromise fraud, romance scams, online loan scams, first-party fraud, and money mules.
  • Adopt innovative technologies and best practices to proactively detect and mitigate fraud losses and protect your customers.


Mauriceo Castanheiro
Director, Fraud Analytics


Mauriceo Castanheiro has over 15 years of experience fighting fraud. He previously worked at Royal Bank of Canada (RBC), one of Canada’s largest banks and one of the largest banks in the world based on market capitalization with operations in 41 countries. Castanheiro held key positions within fraud management including operations, analytics and national office strategy.  He represented RBC on the Interac Risk Management Group which is Canada’s national debit card network. He was responsible for various portfolios at RBC including debit card and account fraud, loan fraud and insurance fraud. He led various initiatives that resulted in hundreds of millions in savings within RBC and across the industry. In his role at Verafin, Castanheiro is responsible for the overall analytics strategy and assisting in bringing new solutions to market.

Sponsored by Verafin                                  

Verafin is a leader in enterprise Fraud Detection and Anti-Money Laundering (FRAML) software with a customer base of more than 1200 financial institutions across North America. Its solution uses advanced behavior-based analytics that help financial institutions stay a step ahead of numerous types of fraud as well as the BSA, U.S. Patriot Act, and FACTA compliance landscape. Verafin is the exclusive provider of fraud detection and BSA/AML software for the California Bankers Association, Florida Bankers Association, Massachusetts Bankers Association, Illinois Bankers Association, CUNA Strategic Services, and has industry endorsements in 44 states across the U.S. 

Information you provide during the registration of this webinar will be provided to the sponsor, Verafin, and may be used to send you information, special offers or promotions from Verafin.