The 19th Annual CUNA CFO Council Conference kicked off Sunday in Phoenix. It features a record-breaking 462 attendees, including 63 first-timers. These CU executives spent time getting to know each other during the first-time attendee orientation.
Human trafficking, money laundering, trade-based money laundering and terrorist financing all come with their own sets of red flags for financial institutions. In addition, entities such as money services businesses and cash-intensive businesses can be legitimate, but also have potential to be used for illicit activities.