Supporting Credit Unions

...Management, AML/CFT Compliance and Management, High-Risk Customer Management, Sanctions Screening and Management, and Information Sharing. Request a Demo Or Contact Jamie Edgecombe Discover why credit unions trust Nasdaq Verafin to...

U.S. Court Case: 60 Funnel Accounts Used by Heroin Trafficking Organization

September 27, 2017 by Denise Hutchings

...of One Member’s U.S. Based “Company” Figure 4 lists sample transactions for a DTO member’s business account and briefly describes the role of his “company” in the DTO operations. Example...

Loan Fraud

...and Management Learn More  -> BSA/AML Compliance and Management Learn More  -> High-Risk Customer Management Learn More  -> Sanctions Screening & Management Learn More  -> Information Sharing Learn More  ->...

SARs

...you are missing required information. Simply complete the narrative section, enter any extra information you wish to provide, and submit to FinCEN. REPORTING WORKFLOWS SAR workflow dashboards show you the...

BSA/AML Compliance and Management

...insight into customer activity that spans multiple financial institutions, to expedite decision-making, strengthen investigations, and improve the information provided to law enforcement. Learn More INFORMATION SHARING Nasdaq Verafin’s Information Sharing...

Money Mules Moving Illicit Proceeds from COVID-19-Related Crimes

June 11, 2020 by Nasdaq Verafin

...information to gain valuable insight into complex mule activity across multiple institutions. Complicit or deceived, money mules are laundering funds for organized COVID-19-related crime. As the pandemic enhances opportunities for...

Elder Financial Abuse

October 19, 2021 by Nasdaq Verafin

...for those targeted. Fraudsters use a variety of methods to exploit elderly persons — chief sources of loss include Business Email Compromise (BEC) and Email Account Compromise (EAC), sharing almost...

Nasdaq Verafin Launches Entity Research Copilot

Download the Fact Sheet Nasdaq Verafin’s proven solutions with integrated GenAI copilot significantly improve investigator efficiency with up to 90% reduction in alert review time compared to legacy approaches. Nasdaq...

CDD/EDD

...Demo CONFIGURABLE ACCOUNT OPENING QUESTIONNAIRE Ensure front-line staff can quickly collect information on new personal and business accounts, necessary for customer assessment and identification. The information collected integrates into Nasdaq...

Business Email Compromise: Tracing the Lineage of a $50B Fraud Problem

August 21, 2023 by Nasdaq Verafin

...analytics working in concert to decisively combat BEC and prevent a future billion-dollar fraud problem. For more information on Verafin’s consortium approach to combating payments fraud, download our Product Brochure....