BlogRising U.S. & International Wire Fraud ThreatsJuly 29, 2022 by Nasdaq Verafin The high dollar value and irrevocable nature of many wire transfers make them inherently risky and a prime target for criminals. With fraudsters unrelenting, financial institutions must remain informed of growing wire fraud threats, both domestically and internationally. Our experts... |
BlogPreying on the VulnerableJuly 8, 2022 by Nasdaq Verafin In the fight against financial crime, change is perhaps the only constant. As financial institutions implement more robust controls against schemes such as wire fraud, criminals respond by evolving their tactics and increasing efforts against more vulnerable customer segments. In... |
BlogCombating Human Trafficking with Verafin’s Data-Driven Financial Crime Management PlatformJuly 5, 2022 by Nasdaq Verafin Generating an estimated $150 billion per year, human trafficking is one of the most profitable and heinous international crimes. Human trafficking and human smuggling was identified in the AML/CFT National Priorities as one of eight “predicate crimes that generate... |
