A Complicated Crime

July 4, 2024 by Nasdaq Verafin

...Ventura County Credit Union, we learned valuable insights on the complexities and realities of managing EFE within institutions and why a multi-faceted approach is essential. Organized Crime – Combating Criminal...

Fraud Schemes & Scams

Fraudsters are adapting to technology advances and targeting your customers with a variety of illicit tactics. With authorized push payment fraud scenarios such as Business Email Compromise, elder scams and...

Quarterly Cloud Insights Uncovered: Q3 2022

...seeing the complete picture of customer transactions and risk is more important than ever. Download the slide deck to learn about: Consortium-based data in the Cloud​ Wire Fraud Benchmarking Report...

Preventing Payments Fraud Loss: The Power of a Consortium-Based Approach

September 8, 2022 by Nasdaq Verafin

...Payment (APP) scenarios such as Business Email Compromise (BEC), and romance and employment scams, where your customers are manipulated into sending a payment. These APP frauds are particularly challenging to...

Rising U.S. & International Wire Fraud Threats

July 29, 2022 by Nasdaq Verafin

The high dollar value and irrevocable nature of many wire transfers make them inherently risky and a prime target for criminals. With fraudsters unrelenting, financial institutions must remain informed of...

Combating Human Trafficking

...play a critical role in combating human trafficking. Join us for this educational webinar to learn about the scale of human trafficking, financial indicators and Red Flags from the FinCEN...

Quarterly ​Cloud Insights​ Uncovered: Q2 2022​

...international wire transactions, and compare your institution to insights gathered from 2100 other financial institutions in the industry’s leading cloud environment. Download the slide deck to learn about: Consortium-based data...

AML Act & National Priorities

Financial crime management programs are facing significant change in 2022; institutions must prepare for new guidance and compliance changes from the Anti-Money Laundering (AML) Act of 2020 and align with...

Liable? Consortium Solutions to Payments Fraud Change

October 28, 2022 by Nasdaq Verafin

...reviews and customer call-backs. In a recent Wire Fraud proof of concept with a top U.S. bank, Verafin’s consortium analytics improved detection rates by 250% while reducing false positives by...

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,...