Russ Anderson, CFE 3/23/2021
LIMRA’s Financial Crimes Services (FCS) and Fraud Prevention study provides the life insurance and retirement services industry with a collective look at the most current data, metrics, and information related to their financial crimes services and fraud prevention programs.
As fraudsters become more and more sophisticated, the financial services industry must continue to accelerate and innovate how they detect and prevent fraudulent activity. LIMRA’s Financial Crimes Services (FCS) and Fraud Prevention study provides the life insurance and retirement services industry with a collective look at the most current data, metrics, and information related to their financial crimes services and fraud prevention programs. This report covers key findings from several areas including organization, program maturity, governance, risk assessments, technology and tools, training, and fraud awareness.
Head of Financial Crimes Services
LIMRA and LOMA
randerson@limra.com
Access the latest information, research, training programs, and software for fraud prevention.
The neighborhood watch for financial services enables companies to defend against account takeover (ATO) schemes with easy, secure, real-time access to incident and threat indicator data with real-time email alerts.
We have expanded the scope and name of our conference to encompass the real-world threats and compliance issues we are facing today. The Regulatory Compliance Exchange has evolved, expanded, and been renamed the Compliance and Financial Crimes Conference.