Financial fraud is evolving rapidly across the region, driven by organised scam centres, increasingly sophisticated social engineering tactics, and the widespread use of money mule accounts to move illicit proceeds. Financial institutions are often the first line of defence, yet many continue to face challenges in identifying emerging fraud patterns and responding effectively to the growing scale of these schemes.

This Fintelekt-ABA webinar will bring together a panel of practitioners and experts to examine current fraud trends, the role of mule networks in enabling scams, and the practical challenges faced by financial institutions in detecting and preventing these activities. The discussion will also explore how institutions can strengthen their fraud risk management frameworks, and where greater collaboration and improved controls can make a meaningful difference.

By attending this webinar, participants will:

• Understand key fraud trends affecting financial institutions, including the rise of organised scam operations and mule account networks. 
• Recognise how fraud schemes operate in practice, including the role of digital payment channels and cross-border fund flows.
• Identify common challenges faced by institutions in detecting and managing fraud risks.
• Gain insights into emerging approaches to fraud prevention, including governance, technology, and cross-sector collaboration.