Criminals Strike SBA Programs Amidst COVID-19 Pandemic

August 7, 2020 by Nasdaq Verafin

...Response Accountability Committee warned that relief funds represented “unmatched prospects for fraud, misuse of the funds, and other criminal conduct.” By May, this prediction had come to pass as billions...

Suspicious Activity Reporting

Suspicious Activity Reports (SARs) are a necessary part of compliance programs for all financial institutions; however, the tasks associated with regulatory reporting are often tedious and time consuming. Nasdaq Verafin’s...

Human Trafficking Detection & Investigation

...of others. Enhance your investigations even further using 314(b) information sharing technology to collaborate with other investigators and build a more complete picture of human trafficking activity spanning multiple institutions....

ACAMS Webinar
AML: A New Approach to Fight Complex Money Laundering Schemes

Originally Presented: September 29, 2017

...anti-money laundering efforts can generate stronger actionable information for law enforcement. Learn how financial institutions can adopt innovative technologies and practices to make a greater impact on fighting financial crime....

Building momentum in the fight against human trafficking

January 9, 2018 by Nasdaq Verafin

...expressed that the legislation “would strengthen the role of the Treasury Department and better integrate financial institutions in global efforts to combat slavery.” “Human traffickers, cartels, and terrorist organizations exploit...

Halting the Cost of Compromise

In recent years, Verafin has observed a significant increase in wire and Authorized Push Payment (APP) fraud across the industry, including cases of Business Email Compromise (BEC). With corporate customers...

Human Trafficking: Know the Behavior, Uncover the Crime

...become survivors. In this eBook, learn the financial indicators and signs of human trafficking through a breakdown of how trafficking rings operate, how money moves, and through real-life case studies...

Collaborative Investigations: Connecting the Dots to Stop Crime

Originally Presented: December 5, 2018

...you to collaborate with investigators for stronger cases and improved reporting to law enforcement. Highlights of this presentation on Collaborative Investigations include: Best practices for 314(b) information sharing including collaborating...

Financial Crime Case Management

...completed SARs, ready for direct overnight e-filing with FinCEN. Collaborate with other 314(b)-registered institutions. Learn how Verafin’s consolidated Financial Crime Management platform with integrated Case Management functionality enables institutions to...

Three Expert Insights on Combating Predicate Crimes

September 3, 2024 by Nasdaq Verafin

...of money is laundered through completely legitimate, well-regulated financial institutions. About 1% of that money was seized by institutions every year. When I hear those types of numbers it tells...