United States
United States
BlogDrug Trafficking Detection: Why Complexity is the Financial Sector’s Greatest ChallengeMay 11, 2026 by Cheryl Friedenbach Drug trafficking remains one of the most persistent and damaging forms of financial crime, and for financial institutions, it is also one of the most complex to detect. As drug trafficking organizations (DTOs) evolve their operations, the financial services community is collaborating to advance anti-money laundering (AML)... |
BlogThe Changing Face of Canada’s $3.4B Fraud ProblemMay 11, 2026 by Nasdaq Verafin As criminals industrialize their operations and leverage emerging technologies, fraud has become faster, more coordinated and more digital than ever before. The 2026 Global Financial Crime Report estimated the impact of fraud at $579.4 billion globally last year, representing an immense financial crime challenge to which no... |
BlogAgentic AI: Streamlining The Future of ACH Fraud DetectionMay 7, 2026 by Greg Williamson Cyber-enabled fraud has become a significant financial threat and daily operational challenge for fraud teams. Last year, Business Email Compromise (BEC), phishing and data breaches claimed $14.3 billion, rising at a 19.6% annualized rate from 2023-2025. Alongside these figures is a hard reality for fraud teams: more alerts, greater complexity and... |
Blog3 Insights from Nasdaq Verafin’s Canada AML RoundtableMay 6, 2026 by Fouad Hassouneh Illicit financial activity in Canada surged to $65 billion USD in 2025. Institutions cannot address the issue in isolation — yet questions remain about how to collaborate responsibly, while maintaining customer privacy. Institutions are actively prioritizing where collaboration makes sense today, while defining what more advanced forms of information sharing could... |
BlogFinCEN’s Proposed Rule to Reform AML/CFT RequirementsApril 30, 2026 by Cheryl Friedenbach In April, the Financial Crimes Enforcement Network (FinCEN) released a Notice of Proposed Rulemaking (NPRM) that signals a consequential shift in U.S. anti-money laundering and countering the financing of terrorism (AML/CFT) regulation. The proposal is explicitly intended to modernize the... |
BlogHow AI Is Reshaping Financial Crime ManagementApril 23, 2026 by Rob Norris The 2026 Global Financial Crime Report confirms what many in the industry are already experiencing firsthand: financial crime is evolving faster than ever and technology is a key driver of that change. Criminals are increasingly using automation and artificial intelligence... |
BlogCheck Fraud’s $33.6 Billion EpicenterApril 22, 2026 by Nasdaq Verafin Check fraud has been a persistent threat to U.S. financial institutions for centuries due to the continued use of paper checks and increasingly sophisticated criminal tactics. Recent data now demonstrates how this longstanding risk is concentrated in the U.S., which accounted for 87% of estimated check fraud losses worldwide in 2025. A Challenge... |
BlogCollaboration and Collective Action in the Face of a $4.4 Trillion Financial Crime CrisisApril 10, 2026 by Stephanie Champion The global financial crime landscape has entered a new era, defined by speed, scale, and sophistication unlike anything we have seen before. Financial crime is not a future threat — it is the reality financial institutions, governments, businesses, and communities... |
BlogBreaking Down Silos: Fraud + AML for Effective Financial Crime ManagementMarch 31, 2026 by Ben Rowley Having spent my career across banking, credit bureaus and fintech, I’ve seen first‑hand how financial crime has evolved — and how the systems designed to stop it often haven’t. Today, fraud and financial crime management teams across the UK and EU are under unprecedented pressure.... |
BlogPay360 Insights: The Future of Financial Crime Prevention in the UKMarch 27, 2026 by Mansoor Ahmed Qureshi Pay360 brought together leaders from across payments, banking, fintech and regulation to discuss the forces shaping the future of the industry. While the agenda spanned everything from instant payments to infrastructure interoperability, I found one theme apparent: financial crime is becoming more connected, more complex and increasingly difficult to address... |
