Compliance and Fraud Prevention Expert Joins Patton Boggs LLP Partner Carol van Cleef on Understanding the Underlying Technology of Emerging Payments Systems
NEW YORK, NY–(Marketwire – Sep 26, 2012) – Payza, one of the largest worldwide payment platforms for e-commerce, corporate disbursements and remittances, announced today that Compliance & AML Officer Pervees Faisal Islam will co-lead a panel addressing the underlying technology of emerging payment systems during the American Conference Institute’s Fourth Annual Emerging Payment Systems Conference being held September 27-28 in Washington, D.C. Islam will co-lead the pre-conference master class titled “Understanding the Technology Underlying Emerging Payment Systems: Practical, Legal, and Regulatory Considerations for Attorneys and Compliance Professionals,” with Carol van Cleef, partner at the Washington, D.C.-based law firm Patton Boggs, and a well-known Certified Anti-Money Laundering Specialist (CAMS).
The Pre-conference Master Class, will take place Thursday, September 27, 8:00 a.m. – 10:00 a.m. Registration is available here.
Islam notes the conference is a unique opportunity for financial product, payments and retail professionals as well as attorneys to gain a crucial understanding of the mobile and emerging payments landscape and hear insights from industry leaders on how the key new payments fit into the regulatory framework. He said it delves into the underlying details of how funds are transferred with a focus on all the various types of digital funds transfer, including mobile payments, mobile wallets, e-wallets, digital currencies and NFC, as well as the challenges companies face when employing these technologies.
About Pervees Faisal Islam
An expert in compliance and fraud prevention, Islam is a frequent speaker on payment systems and digital money transfer. He is a well-known expert in areas related to payments including money service business compliance, FINTRAC/FINCEN, prepaid access, emerging payments, online money transfers, and operational risk and compliance. In November, Islam will also speak at ACI’s International and Cross-Border Payments Conference, in New York. (Information here).
Islam is a member of the Association of Certified Anti-money Laundering Specialists (ACAMS), the Canadian Anti-Money Laundering Institute (CAMLI) and the Association of Certified Fraud Examiners (ACFE).
About Carol van Cleef
Van Cleef represents financial services companies and other clients in federal and state regulatory, compliance and enforcement matters, including anti-money laundering (AML), electronic payments, federal deposit insurance and other bank regulatory issues.
She is a frequent speaker on AML compliance-related issues and a member of the Editorial Task Force of ACAMS Today. She has created a series of highly-acclaimed AML compliance training programs sponsored by the Conference of State Bank Supervisors (CSBS).
Payza is one of the world’s leading global online payment platforms specializing in e-commerce processing, corporate disbursements and remittances. Payza’s highly secure e-wallet platform provides businesses and consumers with convenient and flexible solutions for sending and receiving payments worldwide. The company offers access to payment services in both traditional and emerging markets, as well as a host of tools and services including: fraud screening, dispute resolution, currency exchange, global payouts and disbursement services. With over 9 million members, Payza offers its services around the world in 21 currencies, and is proud to include more than 75,000 merchants. More information is available about Payza on its website, www.payza.com, Facebook, Twitter or the company’s blog.