Karen Boyer, SVP Financial Crimes, Fraud Intelligence, M&T Bank

SVP Financial Crimes, Fraud Intelligence, M&T Bank

Boyer has over 20 years of diverse banking experience with over 15 years in the realm of fraud. She is currently vice president of financial crimes and fraud intelligence at People’s United Bank, a regional bank in the Northeast with a network of nearly 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine. She is responsible for running teams of analysts and investigators, developing fraud detection and prevention strategies related to financial channels in and out of the organization, and managing the risk of the evolving real-time payment methods in the financial industry. Her peers and organization consider her an expert in cybercrimes, sweetheart scams, phishing techniques, card cracking, ATO, and credential harvesting related to recruitment of money mules and cyberthreat actors around the country.

The Challenge of P2P Payment Fraud

Presented by Karen Boyer, SVP Financial Crimes, Fraud Intelligence, M&T Bank , James Hitchcock, Vice President, Fraud Mitigation, American Bankers Association • June 22, 2022

Fast, convenient … free! It's not surprising that Zelle is America's most popular payment app. The peer-to-peer (P2P) payment service, created by a consortium of major US banks, lets users transfer funds directly between bank accounts at no charge. Unfortunately it's also proven popular with the fraudsters. Through...

The Risk with the Rise of Open Banking and Data Sharing

Presented by Karen Boyer, SVP Financial Crimes, Fraud Intelligence, M&T Bank , Don Cardinal, Managing Director, Financial Data Exchange (FDX) • June 3, 2022

The open banking revolution is quickly gathering momentum. While it has helped increase the operational efficacy of banking and heighten customer experience, the threat of lack of security and privacy looms large. Various types of fraud, including new account opening fraud, is holding back the adoption of open...

How is Mobile Phone Fraud Evolving - and What Can We Do About It?

Presented by Karen Boyer, SVP Financial Crimes, Fraud Intelligence, M&T Bank , Kristi Wilson, Senior Fraud Manager, Special Investigations, T-Mobile • June 3, 2022

An acceleration in the pace of digital transformation has undoubtedly seen many consumers adopting mobile banking. However, criminals have also adapted to this new environment and have accordingly evolved their tactics in the form of increasingly sophisticated and targeted account takeover attacks. So how can we...

Nefarious Use of Modern Money

Presented by Karen Boyer, SVP Financial Crimes, Fraud Intelligence, M&T Bank , Claire Le Gal, Sr. VP, Fraud Intelligence, Strategy & Cyber Products, Mastercard • January 17, 2022

This panel discussion covers the criminal use of newer forms of money movement to hide criminal proceeds and cash out. It examines how criminals use money movement with Sell, Coinbase, Fan Duel and other legalized gambling mechanisms.

How Financial Services Can Differentiate Themselves with Modern Strong Authentication

Presented by Karen Boyer, SVP Financial Crimes, Fraud Intelligence, M&T Bank , Jeremy Grant , Chuck McAllister • January 5, 2022

The financial services industry often struggles with perceived commoditization among customers, but organizations can set themselves apart by offering strong security. Fraud associated with account takeover is largely driven by weak authentication, such as usernames and passwords, security questions and mobile-based...

First Look: Fraud 2022 – The Trends and Technologies

Presented by Karen Boyer, SVP Financial Crimes, Fraud Intelligence, M&T Bank , Julie Conroy • October 14, 2021

One is a longtime financial fraud researcher; the other a hands-on practitioner. Both have their fingers on the racing pulse of fraud trends and defenses. And in this panel discussion they open up on the latest trends and technologies, including: Digital channel fraud – how banks are responding; Application...