ENGLEWOOD, Colo.--(BUSINESS WIRE)--
The Western Union Company (NYSE: 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 (NYSE: 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
Source: Western Union