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Blog$750B in Illicit Flows: Insights into Financial Crime across EuropeApril 23, 2025 by Stephanie Champion In today’s interconnected world, it is critical to safeguard the global financial system from illicit activity. As the industry confronts the world’s $3.1 trillion financial crime problem, our recent Special Edition of the 2024 Global Financial Crime Report has taken... |
BlogA Look Ahead: The Potential Impact of the Streamline ActDecember 9, 2025 by Chuck Taylor In my previous blog I looked at the practical implications of the FAQs regarding Suspicious Activity Reporting Requirements issued by key U.S. financial regulatory bodies in October 2025. Nasdaq Verafin brought together a dedicated Customer Advisory Group (CAG), including AML... |
BlogBioCatch & Nasdaq Verafin: 3 Reasons Our Integration Will Enhance Fraud DetectionDecember 9, 2025 by Colin Parsons Anti-financial crime efforts are evolving rapidly as fraudsters deploy increasingly sophisticated tactics. In 2023, financial institutions and customers lost $485 billion to fraud scams — and losses remained high last year in the U.S. and overseas. Consortium analytics, together... |
BlogAI Solutions for Financial CrimeDecember 5, 2025 by Fouad Hassouneh For more than two decades, Nasdaq Verafin has been at the forefront of innovation in the fight against financial crime. From day one, we recognized the transformative potential of artificial intelligence (AI) and made it a cornerstone of our strategy.... |
BlogFrom Guidance to ActionDecember 3, 2025 by Chuck Taylor Five key U.S. financial regulatory bodies, including the Financial Crimes Enforcement Network (FinCEN), jointly issued a set of Frequently Asked Questions (FAQs) on October 9, 2025, to clarify requirements related to Suspicious Activity Reports (SARs). Nasdaq Verafin convened a targeted... |
BlogAML Consortium Insights: Collective Intelligence in ActionNovember 25, 2025 by Chuck Taylor As an AML professional with decades of experience, I’ve witnessed firsthand the relentless evolution of financial crime and the challenges it poses to our industry. Today, the scale of illicit activity is staggering: according to the Nasdaq Verafin 2024 Global Financial Crime Report, $3.1 trillion in money laundering and... |
BlogThe Power of the Consortium in a Data-Driven FutureNovember 21, 2025 by Nasdaq Verafin In the last decade, consortium data has become the cornerstone of financial crime prevention. Large high-quality datasets are now essential for our industry to confront and stem the $3.1 trillion scourge of illicit activity threatening the global financial system. Information is fundamental... |
Blog5 Questions about Nacha’s New Rules with Colin ParsonsNovember 6, 2025 by Nasdaq Verafin The deadlines surrounding Nacha’s new rules for financial institutions using the ACH network are approaching quickly, and institutions are running out of time to comply. Nacha’s new operating rules redefine how institutions need to detect and respond to fraud. With... |
BlogThree Takeaways from Sibos 2025October 16, 2025 by Mauriceo Castanheiro At Sibos 2025 in Frankfurt, it was clear – payments are accelerating into new territory. The sessions and side discussions consistently circled around three transformative themes: AI and Agentic AI, ISO20022, and digital assets. Each is reshaping the industry in... |
BlogColin Parsons on the Future of Check Fraud DetectionOctober 14, 2025 by Nasdaq Verafin Despite the meteoric rise of digital payments, check fraud remains a persistent and costly challenge for financial institutions. In 2023 alone, over $20 billion was lost to check fraud in the United States. To understand why this legacy threat continues... |
BlogBehavioral Intelligence: The New Frontier in Financial Crime PreventionOctober 10, 2025 by Colin Parsons In a world where digital transactions are the lifeblood of commerce, the battle against financial crime is relentless. Fraud is a $486B global problem, and in 2023, $10B of that was lost to cyber-enabled scams. Meanwhile, major growth in threat... |
