Annual Fraud report: Creating a safer financial ecosystem? 2023 | UK Finance | 26 June 2023 | Online Event

Join us as we delve into the ever-evolving world of banking fraud and examine the findings from
the 2022 UK Finance report. We will discuss the key takeaways from the 2022 UKF fraud report, including the latest scams and fraud types that are capturing attention and threatening the financial ecosystem.

Our discussion will delve into the impacts of recent initiatives such as Confirmation of Payee (CoP), Payment Services Regulator (PSR), and Strong Customer Authentication (SCA). We will also explore the biggest risks for 2023, the role of mule accounts in first-party fraud, and the adoption of AI by criminals, including ChatGPT and generative voice AI. We will present exciting new technologies that hold the potential to counter fraudsters effectively and identify the opportunities that lie in increased collaboration across the banking ecosystem. This includes the role of big tech and the need to foster stronger partnerships between various stakeholders.

Key Learning Objectives:

• Understand the key findings of the 2022 UKF fraud report and the implications for the banking industry.
• Explore the latest initiatives, technologies, and strategies to mitigate fraud risks and enhance security.
• Identify opportunities for increased collaboration between banks, big tech, and other ecosystem stakeholders to create a united front against fraud.
• Gain insights into emerging trends in criminal AI adoption and how to stay ahead of potential threats.
• Develop a forward-looking approach to fraud prevention and risk management for a safer financial future.

2023 Speakers

Dan Holmes
Fraud Prevention SME, Feedzai

Mike Nathan
Global Head of Solutions Consulting, Feedzai

Ben Poxon
Principal, Head of Economic Crime Management Information, UK Finance

2023 Sponsor

• Feedzai