Cryptocurrency: A Deep Dive Into Your Bank’s Risks, Rewards, And Options

Michael Schidlow Michael Schidlow
Cryptocurrency and financial crime expert Michael Schidlow will explain how banks and credit unions must evolve to provide account holders with the new services they demand. You will learn how to anticipate and reduce risk.

What You'll Learn

  • What are the distinctions between virtual currency and cryptocurrency?
  • What is the market for these currencies?
  • What financial crime risks must you understand and mitigate when handling Bitcoin, Ethereum, Ripple, and other similar currencies?
  • How are financial institutions currently addressing cryptocurrency?
  • What happens when cryptocurrency-related activity goes wrong?
  • How will cryptocurrencies evolve?
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$224.00
$224.00
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INFORMATION
Training Overview

One nationally chartered bank now offers Bitcoin –will you?Learn how to meet growing demand and minimize risk.

The first nationally chartered U.S. bank with FDIC insurance began offering Bitcoin services this month, allowing customers to buy, sell, and hold cryptocurrency assets directly with their bank accounts. This development and its approval by the Office of the Comptroller of the Currency (OCC) foreshadow that consumers will wantsimilar services from your institution.You must move quickly to meet this growing demand.

You need to understand how virtual currencies and cryptocurrencies work, what risks they create for your institution and customers, and the specific steps to follow to provide these services.

  • What are the distinctions between virtual currency and cryptocurrency?
  • What is the market for these currencies?
  • What financial crime risks must you understand and mitigate when handling Bitcoin, Ethereum, Ripple, and other similar currencies?
  • How are financial institutions currently addressing cryptocurrency?
  • What happens when cryptocurrency-related activity goes wrong?
  • How will cryptocurrencies evolve?
Recommended Audience
Who Should Attend?
  • CEOs
  • Presidents
  • COOs
  • CFOs
  • Controllers
  • Senior management
  • Managers
  • Auditors
  • Consultants
  • In-house counsel
  • Board members
  • Compliance officers
  • Internal and external auditors
  • Audit committee members
  • Risk managers
  • Chief risk officers
  • BSA/AML officers
  • Business development officers
  • Branch managers
  • Assistant branch managers
  • Bankers
  • Relationship managers
  • Operations officers and managers
  • Information technology managers
  • Security officers
What's included
Training includes
  • Certificate of Attendance
  • All resources and training materials
Michael Schidlow
About

Expert Presenter

Michael Schidlow
  • Financial crime compliance advisory and training consultant
  • Over fourteen years of experience in the legal, compliance, and audit fields
  • Previously has held leadership roles with Bank of America and HSBC
  • Certified Fraud Examiner (CFE)
  • Certified AML Audit Specialist (CAMS-Audit)
  • Licensed attorney
  • Professor of criminal justice and ethics
More Info