By ALISHA HOULIHAN for AMLi
THE increasing use of artificial intelligence (AI) in the fight against financial crime has spurred the adoption of the term FRAML – where fraud and anti-money laundering intersect.
This will be one of the topics up for discussion at the ‘Fighting Online & Cyber Fraud Summit 2023’ taking place in Dublin, Ireland on November 29 next.
Our leading speakers will be discussing the latest technology addressing existing weak spots in traditional Fraud and Anti-Money Laundering (FRAML) solutions.
As financial criminals have evolved, so has the fight against them and we will be discussing how to shore up defences in banking, fintech, e-commerce, telecos and other industries.
Delegates can hear about the evolution on both sides of the FRAML fight and discover how to effectively battle fincrime thru a combination of traditional tactics and AI.
Meanwhile, it’s been announced that one of Europe’s top fraud investigators is to chair a plenary at the much anticipated ‘Fighting Online & Cyber Fraud Summit 2023.’
Pat Lordan, who until recently led Ireland’s ‘National Economic Crime Bureau’, (GNECB) will moderate at the law enforcement plenary of the summit. The conference is being organised by AML Intelligence.
“We’re delighted that Pat is to speak at the summit. He is one of Europe’s foremost fraud investigators and thought leaders in this space. We look forward to hearing his insights on trends and solutions in the online fraud space,” said AML Intelligence MD James Treacy.
Earlier this summer Pat stepped down as commander of the Garda (Ireland’s National Police) National Economic Crime Bureau (GNECB) where he held the rank of Detective Chief Superintendent.
One of the topics to be discussed at the summit is the targeting of the transnational ‘Black Axe’ organised crime group, behind industrial scales of APP, text, phishing and money mule fraud across Northern Europe. The crime group, based out of west Africa, has used Ireland as an EU base and is the current target of a series of international police operations, co-ordinated by the National Police (An Garda Siochana/AGS) assisted by Interpol.
You can purchase your tickets for the summit here:
In 2015, Pat took up the position as Head of the Garda National Economic Crime Bureau. The Economic Crime Bureau is involved in many high profile investigations and is supported by detectives across the country trained in fraud investigation.
Pat and his team developed a Post Graduate Certificate in Fraud and E-Crime Investigation in association with University College Dublin. Pat was also the lead representative from An Garda Síochána in the 2017 Financial Action Task Force (FATF) Review of Ireland. Pat sees education and crime prevention as being the most beneficial ways of reducing fraud into the future.
Originally from Drimoleague, West Cork on Ireland’s Wild Atlantic Way, Pat joined An Garda Síochána in 1986 and has served mainly in the Dublin Region but also worked in the South Eastern and Eastern Garda Regions.
He worked in Community Policing, Drugs, Prostitution Investigations, Serious Crime Investigations, Fraud and Financial Investigations, Financial Intelligence and Cybercrime.
He has held the position of Detective in all ranks and has been at the forefront of the investigation of serious crime for many years. Pat held the position in the garda of Senior Investigating Officer (SIO) and holds a B.Sc in Management Law from Trinity College Dublin.
You can purchase your tickets for the summit here:
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