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Author Archives: Nasdaq Verafin

mmAbout Nasdaq Verafin

Nasdaq Verafin provides Fraud Detection and Management, AML/CFT Compliance and Management, High-Risk Customer Management, Sanctions Screening and Management, and Information Sharing solutions.

Blog

Law enforcement benefits from information sharing

September 23, 2016 by Nasdaq Verafin

The value of the information that financial institutions (FIs) provide to law enforcement is immeasurable. In May 2016 FinCEN held a ceremony at the U.S. Department of the Treasury to present its second annual Law Enforcement Awards. In its press... 

Blog

The CDD Final Rule: Seven Things to Remember

July 7, 2016 by Nasdaq Verafin

Until now, the lack of any general requirement for financial institutions (FIs) to know and verify the identity of the beneficial owners of their entity customers created the opportunity for criminal exploitation of the banking system through anonymous access. This... 

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EMV Transition: Get Ahead of the ATM Liability Shift

July 6, 2016 by Nasdaq Verafin

With the transition to EMV firmly underway in the United States, we thought it would be a good time to discuss progress and the potential impact to your card fraud programs. Liability Shift As of October 2015, Liability Shift (LS)... 

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Three Technological Landmarks in the Fight Against Financial Crime

May 20, 2016 by Nasdaq Verafin

If there’s such a thing as a sure bet, it’s that criminals will always adapt and find a way to grow their bottom line. And that’s why, in the world of financial crime technology, stagnation is fatal. A lack of... 

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Peer Perspectives

March 26, 2015 by Nasdaq Verafin

Collaborating under Section 314(b) of the USA PATRIOT Act has been a hot topic these days and with good reason, it’s a simple but effective way to strengthen your financial crime detection. Read about that effectiveness yourself from some industry... 

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Collaboration 101: The Basics of 314(b) Information Sharing

March 26, 2015 by Nasdaq Verafin

We teach our kids to share, we understand the value of teamwork, and we know that usually, the whole is indeed greater than the sum of its parts. These ideas of sharing, collaboration and teamwork prove beneficial for most things...