The conference is the first since Davis + Henderson Corporation (D+H) acquired Harland last month. D+H’s CEO Gerrard Schmid discussed the acquisition. "Acquiring Harland Financial Solutions fully aligns with D+H's financial-technology vision and our objective of growing our technology capabilities to serve credit unions and banks," Schmid told attendees.
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.