Explore the intersection of compliance and customer experience at the 2024 Transform Finance FinCrime Leaders’ Summit

On 7^th-8^thNovember, FullCircl will join 15 handpicked technology vendors and 45 expert speakers at the 2^nd Transform Finance FinCrime Leaders’ Summit.  

As a headline sponsor of the event, we’re once again playing our part in answering the big questions currently being tackled the FinCrime community and encouraging innovation in response to the biggest challenges facing compliance and operations teams.

‍Financial Crime on the rise

The cost of financial crime is expected to hit $9.5 trillion. In the UK alone there were 1,664 recorded anti-money laundering (AML) events last year, that’s almost 2.5 events per 100,000 people. Financial institutions have reported a 64% increase in fraud attacks, with most noting that financial fraud is becoming more sophisticated, and more challenging to tackle. Likewise, according to UK government data, 55% of businesses experienced known or suspected fraud attempts last year.

This is putting huge pressure on compliance teams, especially when it comes to balancing the dual challenges of stringent regulatory compliance and delivery of superior customer experiences.

Consumer vs Compliance:  How to balance regulatory compliance with seamless customer experiences

Ben Lachenal, FullCircl’s identity solutions specialist, will take to the main stage on the first day of the event to explore how financial institutions can find the balance between compliance and conversion at a time when global KYC and AML regulation continue to evolve at pace, and customer expectations for more efficient onboarding experiences are becoming more demanding.

Joined by Daniel Holmes, Director of Banking, Identity and Market Strategy, this interactive roundtable discussion will delve into the latest trends and challenges in compliance to discover how real-time, compliant onboarding can lead to increased revenue and customer satisfaction.

Including FullCircl’s own research on customer expectations and how 500+ regulated businesses are currently approaching the challenge this is a not-to-be-missed session.

You’ll learn:

• KYC & AML regulation: What information needs to be identified at account opening to remain compliant?
• Customer expectations: How long do customers expect onboarding to take? What processes do they prefer? What drop-off rate should you be aiming for?
• Revenue generation: How can customer onboarding be used as a competitive advantage? Why is real-time account opening the key to success?

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Stay current with the latest FinCrime trends

The two-day event is an exclusive gathering of industry professionals in FinCrime, it promises engaging content and interactive workshops that will help you:

• Stay on top of the latest compliance, KYC, scams, and cyber threats
• Engage in the FinCrime community
• Benchmark you organisation against innovative FinCrime leaders
• Uncover the latest innovations from leading technology vendors
• Gather actionable insights for tackling your biggest FinCrime challenges

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Join FullCircl and you might even get a complimentary stay at the beautiful DeVere Wokefield Estate

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Come and visit FullCircl to find out how we help financial institutions start smarter to grow faster, with compliance solved. Our suite of KYC, financial crime prevention, AML, and IDV software is trusted by 700+ clients to remain compliant and offer customers a seamless onboarding experience.

We have complimentary delegate tickets including an overnight stay at the exclusive De Vere Wokefield Estate, gala dinner, and access to all content streams for free.

Get in touch today.