Fraud Management

...SAR CREATION AND FILING Fraud and BSA/AML compliance are often seen as separate challenges. Nasdaq Verafin’s enterprise fraud management solution provides you with a centralized platform that enables communication between...

Business Email Compromise (BEC) Fraud

December 10, 2018 by Nasdaq Verafin

...Crime Complaint Center (IC3), prominent wire transfer destinations have commonly included FIs in China and Hong Kong. While these remain the primary destinations, occurrences of FIs in the United Kingdom,...

Defining Moments in the War on Financial Crimes

June 30, 2020 by Jim Richards

...and compliance programs at institutions of all asset sizes. The ability of institutions to adapt to this evolving situation depends on their size, complexity and preparedness. The way money moves...

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...

Optimizing high-risk customer management and ongoing due diligence

March 20, 2018 by Nasdaq Verafin

An already challenging BSA/AML compliance risk environment continues to grow in complexity, as financial institutions seek to meet requirements for due diligence on higher-risk categories of customers. Without question, risk...

CTRs

BSA/AML Compliance and Management > CTRs Request a Demo Currency Transaction Reports (CTRs) can be time consuming processes fraught with potential error. Nasdaq Verafin scans all transactions in your core...

Elder Financial Abuse

...of elder financial exploitation. Best practices for reporting elder fraud, including Suspicious Activity Reporting, and contacting appropriate local and state-level agencies. [1]Source: Nasdaq, 2024 Global Financial Crime Report at https://www.nasdaq.com/global-financial-crime-report...

Elder Financial Abuse

Originally Presented: February 29, 2024

...of elder financial exploitation. Best practices for reporting elder fraud, including Suspicious Activity Reporting, and contacting appropriate local and state-level agencies. [1]Source: Nasdaq, 2024 Global Financial Crime Report at https://www.nasdaq.com/global-financial-crime-report...

The Role of Financial Institutions in Combating Human Trafficking

Countless innocent adults and children are trafficked in America and worldwide for financial gain. In the fight to free millions from modern slavery, financial institutions can play a critical role...

Enhanced Due Diligence

...due diligence review process dynamically impacts customer risk to ensure an accurate risk score and efficient due diligence process, ultimately strengthening your compliance program. View Feature Sheet OR Request a...