Anti-Financial Crime & Financial Crime Compliance
Leadership | Insight | Network

AML, Financial Crime, Financial Services

ANNOUNCEMENT: ID-Pal is the Headline Sponsor of ‘European Anti-Financial Crime Summit 2024’ in Dublin on May 16

GLOBAL identity verification solution ID-Pal was this week announced as headline sponsor of ‘European Anti-Financial Crime Summit (EAFCS) 2024.

The partnership with organisers AML Intelligence has underscored ID-Pal’s place at the core of the financial services ecosystem. The firm is known for its award-winning platform for robust AML screening and customer onboarding, the company said.

This year’s EAFCS takes place at the Royal Dublin Society (RDS) convention centre in Dublin on May 16, attracting AFC and AML experts and industry leaders from across the globe.

The summit will address evolving threats in financial crime and allow for open engagement with leaders in the sector.

ID-Pal CEO and Founder Colum Lyons said: “It’s a period of rapid change in how we detect and prevent fraud, so the ‘European Anti-Financial Crime Summit 2024’ comes at the most crucial time in being able to help the sector navigate the challenges posed by Artificial Intelligence (AI). ID-Pal is dedicated not just to staying ahead of these changes but also to actively contributing to and advancing the conversation around these critical developments, alongside AML Intelligence.”

AML Intelligence managing director James Treacy said: “We are delighted to partner with ID-Pal for ‘European Anti-Financial Crime Summit 2024’ and other strategic marketing initiatives. ID-Pal has significantly expanded their global footprint in recent years and AML Intelligence is delighted to work with such a strong brand in this sector.”

The summit will hear from a diverse range of voices at the European Anti-Financial Crime Summit such as Eurogroup President Paschal Donohoe, IRS-CI Chief Jim Lee, US Assistant Attorney for the Eastern District of New York, Artie McConnell and Linda Hamilton, Head of Organised Crime at HMRC, along with banking FCC leaders from across the EU and UK. View the speakers in full here: European Anti-Financial Crime Summit 2024

The four main Plenary sessions at EAFCS 2024 will discuss:

· The Effect of Europe’s new AML regulations and the Impact of AMLA

· Understanding the Role of AI & Machine Learning in Detecting FinCrime; the Impact on Data Privacy

· Public Private Partnerships in Fighting Financial Crime

· Sanctions – Staying Ahead and Best Practice

ID-Pal said it was looking forward providing insights on the current fraud landscape and the rapid escalation in AI-generated fraud attacks, backed by its commitment to using 100% AI-powered technology for identity verification and data security.

With a foundation built on quality reporting and business intelligence content, AML Intelligence provides a comprehensive range of information, news, and services catered to the global AML executive community.

About ID-Pal

ID-Pal is an award-winning ISO 27001 and ISO 9001 certified identity verification solution that enables businesses to verify identities and addresses in real-time. Offering a unique blend of industry-leading biometric, document and database checks to streamline AML and KYC in one GDPR compliant solution, it is available out-of-the-box, as an API/SDK and as a Salesforce AppExchange integration. ID-Pal offers global identity verification coverage of more than 7000 identity documents and 200 verified address data sources to enterprise clients and SMEs across 200 countries and jurisdictions.

Winner of Best RegTech Solution in the 2024 MPE Awards, ID-Pal also won Best KYC Solution in the RegTech Insight USA Awards and the Deloitte “Financial Services Innovation Award” in 2023. ID-Pal is currently ranked in the Deloitte Fast50.

Find more information on ID-Pal HERE:

Share this on:

Follow us on:

AML Intelligence
We hope you enjoyed reading this article

If you would like unlimited access to AML Intelligence premium articles, newsletter delivered twice a week, access to our Global Bank Fines and Penalties database, free access to Boardroom Series events and much more, select one of our subscription options and become a subscriber!