Western Union Hosts 7th Annual Anti-Money Laundering, Anti-Fraud and Compliance Event in Denver

Before you go, we thought you'd like these...
Before you go close icon

Western Union Hosts 7thAnnual Anti-Money Laundering, Anti-Fraud and Compliance Event in Denver

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- The Western Union Company (NYS: WU) hosts its seventh annual Anti-Money Laundering, Anti-Fraud and Compliance Conference—one of the biggest events of its kind—beginning today, Sept. 18, through Sept. 19, 2012 in Denver.

The event, held each year for compliance and fraud professionals from across North America, is an interactive experience teaching best practices in identifying and preventing fraud and money laundering. Western Union Agents will attend this year's event along with more than 300 other professionals.


More than 40 experts from a variety of government organizations will speak, including the Department of Justice, Federal Bureau of Investigation, Financial Crimes Enforcement Network (FinCEN) of the U.S. Treasury Department, Financial Transactions and Reports Analysis Centre (FINTRAC) of Canada's Ministry of Finance, Internal Revenue Service (IRS), National Banking and Securities Commission of Mexico, and law enforcement from across the U.S.

The event will also feature an exhibit hall and discussion topics including compliance and the Dodd-Frank Wall Street Reform and Consumer Protection Act.

"Our conference started in 2006 and we had one goal at that time: educate our Agents on anti-money laundering best practices, regulations, and law-enforcement trends," said Richard Krollman, Western Union's Chief Compliance Officer. "It's now one of North America's largest anti-money laundering/anti-fraud conferences that helps professionals from a wide variety of industries better identify and protect their organizations, and consumers, from fraud."

Western Union is dedicated to fighting fraud and helps consumers protect themselves from scammers. In addition to hosting and presenting at events like this, the company also actively educates consumers about fraud and provides them with tips and information they can use to protect themselves. For more information, visit its online Consumer Protection Center: http://www.westernunion.com/stopfraud.

About Western Union

The Western Union Company (NYS: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of June 30, 2012, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of approximately 510,000 agent locations in 200 countries and territories. In 2011, The Western Union Company completed 226 million consumer-to-consumer transactions worldwide, moving $81 billion of principal between consumers, and 425 million business payments. For more information, visit www.westernunion.com.

WU-F, WU-G



Western Union
Kathy Bell, 720-332-5248
kathy.bell@westernunion.com

KEYWORDS:   United States  North America  Colorado

INDUSTRY KEYWORDS:

The article Western Union Hosts 7th Annual Anti-Money Laundering, Anti-Fraud and Compliance Event in Denver originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners