Skip to content

Managing the fraud risk you can’t decline: using early behavioural signals

The new behaviours Mastercard, UK Finance and Synectics say we must factor into how mule risk is treated – and how this intelligence can be used to disrupt laundering earlier.

Complete your details to watch the webinar on-demand 

What you'll learn

This webinar explores how cross-sector, lifecycle-wide risk intelligence improves the detection and disruption of money muling. Watch for new insights, real examples and expert debate on where current approaches are being challenged.

  • Emerging pre-mule patterns and early warning signals, with real examples showing pathways to confirmed mules in 44% of cases
  • How muling evolves on-book and across the customer lifecycle, and why a single-organisation view of risk is no longer sufficient
  • Why “low risk” assumptions no longer hold, and how cross-sector evidence is forcing a reassessment of when and how to intervene
UKF webinar - speakers-1

Key insights 

DFD-page_min

Cross-sector signals close the gap

Fraudsters collaborate across sectors; only shared, consortium intelligence reveals early mule pathways and emerging risk

Friction must evolve with recruitment

As mule recruitment shifts on-book, targeted, contextual friction becomes essential to disrupt activity earlier

“Low risk” needs a reassessment

Risk becomes clear over time and across sectors, requiring earlier intervention and lifecycle-based monitoring

  • “Fraudsters don’t have boundaries, but the industry does. We must get on the front foot – and the answer is collaboration. However large or successful an organisation may be, there are always additional threats, insights and mule activity to learn from others."

    Adam Speakman, VP of Mule Fraud Solutions, Mastercard

Meet the speakers

Adam Speakman, Vice President, Mule Fraud Solutions, Mastercard

Adam leads Mastercard’s product strategy and delivery across security and fraud related services. Adam has 23 years’ experience working with banks, payment schemes, and industry bodies on complex challenges including real-time payment fraud, authorised push payment (APP), and money mule activity.

Osman Khurshid, Chief Client Officer, Synectics Solutions

Osman is accountable for leading client success, drawing on over a decade spent in counter-fraud. He partners with leading banks, insurers and fintechs to maximise the value of defence initiatives, spearheading shared intelligence and embedding AI to reduce losses, streamline operations and enhance customer journeys.

Kathryn Westmore, Director, Financial Crime, UK Finance

Kathryn Westmore has 20 years of experience in the field of financial crime and previously was a Senior Research Fellow at the Centre for Finance and Security at RUSI.

Signals: Intelligence Behind the Fraud Patterns that Matter

Signals: Intelligence Behind the Fraud Patterns that Matter

Five areas of new 2026 research for fraud and financial crime leaders. A clear view of cross-sector repeat offending, synthetic IDs, fake documents, identity compromise and much more.
Before the flip: spotting money mule risk inside your boarded accounts
Ongoing Risk Monitoring | Regulatory Compliance

Before the flip: spotting money mule risk inside your boarded accounts

The mule "flip" happens quickly and often within existing accounts. Here's how ongoing screening is helping AML teams act before an illicit transaction.
Read now

Ongoing mule detection: how to start, scale and stay in control

Posuere posuere eget mauris amet leo sociis. Tellus euismod suscipit tristique ullamcorper.

Synectics research: inside the modern money mule economy

Posuere posuere eget mauris amet leo sociis. Tellus euismod suscipit tristique ullamcorper.

The next phase of synthetic identity fraud revealed

Posuere posuere eget mauris amet leo sociis. Tellus euismod suscipit tristique ullamcorper.