Collaborative Frameworks for Information Sharing

The financial industry’s approach to combating financial crime is constantly evolving, but many challenges remain. Criminals continue to develop new illicit tactics, driving an increase in SARs, growing regulatory fines,...

Pushing Back: The UK’s Response to Authorized Push Payment Fraud

July 17, 2024 by Nasdaq Verafin

...Act 2023 mandates full reimbursement for APP fraud victims starting October 2024, with specific conditions including: A 50/50 reimbursement split between the sending and receiving institutions. The reimbursement amount being...

Entity Resolution, Counterparty Data and Link Analysis for AML Efficiency

In the current economic climate, the need for greater efficiency in AML/CFT programs is acute. Financial institutions are facing high volumes of false positive alerts, inefficient alert triage and investigations,...

New FFIEC Exam Procedures for Customer Due Diligence

Originally Presented: June 26, 2018

...with an increased focus on higher-risk customers and incorporate ongoing monitoring for enhanced due diligence and suspicious activity monitoring. This webinar will explore the updated FFIEC Exam Procedures for Customer...

Industry Advisory: Detecting and Reporting COVID-19-Related Medical Scams

May 25, 2020 by Nasdaq Verafin

...related to the COVID-19 pandemic. This Advisory is the first of several advisories FinCEN plans to release to assist financial institutions combatting COVID-19-related financial crimes. As a companion to the...

Today’s Risk Landscape: High-Risk Customer Groups

Originally Presented: March 14, 2018

...also provide an overview of steps to adopting a risk-based approach including identification, assessment, monitoring and review of these high-risk customer groups. Highlights of this webinar Examine regulatory requirements and...

High-Risk Customer Management

Financial institutions are under increased regulatory pressure to complete Customer Due Diligence and Enhanced Due Diligence (CDD/EDD), particularly regarding the identification, risk scoring and surveillance of high-risk customer types. But...

Identifying NGOs or Charities to Better Assess Risk

Originally Presented: May 29, 2018

...your high-risk customer management program with a focus on chartiable organizations. How to get alerted to NGOs, and other high-risk customers in your existing customer base with Verafin’s high-risk-finder analysis....

High-Risk Customer Segmentation

...Customer Management solution automates segmentation of customers in higher-risk categories. With custom notifications, high-risk customer alerts and analytics, and integrated CDD/EDD workflows, Nasdaq Verafin provides an efficient and reliable high-risk...

How to Effectively Manage High-Risk Customers

...to managing high-risk customers and highlights four areas of focus to strengthen your CDD/EDD program: High-Risk Customer Segmentation Risk Stratification EDD Reviews High-Risk Customer Surveillance In this educational resource, you...