United States
United States
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... |
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... |
BlogAgentic AI: Ushering in a New Era for Sanctions ComplianceOctober 9, 2025 by Fouad Hassouneh Agentic AI is changing the game for financial crime investigations. At Nasdaq Verafin, we’re pioneering a new class of digital workers – intelligent, autonomous agents designed to tackle the most stubborn compliance challenges. The first of these, the Digital Sanctions... |
BlogCanadian AML Insights: Key Risks from FINTRAC’s AssessmentOctober 7, 2025 by Nasdaq Verafin Canada’s robust and globally integrated financial system — while a cornerstone of economic strength — also makes the country a prime target for money laundering and financial crime. According to the Criminal Intelligence Service Canada (CISC), an estimated $45 to... |
BlogACAMS – The Assembly Las Vegas 2025: 6 Key TakeawaysSeptember 26, 2025 by Fouad Hassouneh Recently I joined my Nasdaq Verafin colleagues at ACAMS – The Assembly Las Vegas. This conference brought together industry, tech and thought leaders from across the financial sector. Together we discussed the prominent challenges and opportunities facing the financial crime... |
BlogTerrorist Financing Detection: 5 Trends to Inform Effective AML/CFT ProgramsSeptember 18, 2025 by Jessica Davis Terrorist financing continues to evolve — as terrorist groups adopt new methods to evade detection and fund their destructive crimes, financial institutions play an important role in disrupting the flow of these illicit funds. New trends in terrorist financing can... |
BlogEnding Check Fraud with Consortium ClarityAugust 27, 2025 by Nasdaq Verafin Check fraud has remained a mainstay of criminal fraud tactics for hundreds of years. Yet, after centuries of technological advancement, reliance on this legacy payment method persists while fragmented, delayed approaches to preventing check fraud are allowing check scams to... |
BlogACH Fraud: Time is Running Out to Meet the New Nacha RulesAugust 22, 2025 by Nasdaq Verafin The countdown to compliance with the new Nacha rules is on. With the March 20 deadline fast approaching, financial institutions must act immediately to meet new requirements designed to combat the growing threat of ACH fraud. Implementing a robust ACH... |
BlogDrug Trafficking Detection: FinCEN Reinforces AML PrioritiesAugust 18, 2025 by Nasdaq Verafin Drug trafficking detection is a greater priority for financial institutions with the current administration’s move to designate international cartels as terrorists. In response, FinCEN has enhanced its National Priorities with new rules that give financial institutions more incentive to identify... |
BlogTerrorist Financing: 5 Key Insights from the Latest FATF ReportAugust 14, 2025 by Nasdaq Verafin The fight against terrorist financing is more complex than ever. The Financial Action Task Force (FATF) has released its July 2025 “Comprehensive Update on Terrorist Financing Risks,” and the findings are essential reading for AML professionals. Despite years of global... |
BlogTerrorist Financing: Evolving Threats to Global PeaceJuly 8, 2025 by Nasdaq Verafin Terrorist financing contributes an estimated $11.5 billion to the world’s $3.1 trillion financial crime problem, threatening the safety of innocent civilians both domestically and abroad. As a predicate crime to money laundering, terror financing is also identified in FinCEN’s report,... |
