Risky Online Banking Setup Agent

Confidence scams, like romance or job scams, are a growing ploy by fraudsters to establish trust with a victim with the end goal of obtaining personally identifiable information (PII) and...

Enterprise Reporting & Dashboards

...support financial crime investigations and obtain key performance and business insights. Verafin’s robust Enterprise Reporting functionality allows you to easily explore vast amounts of data to generate highly configurable reports,...

CTRs

...system-generated copies of your CTRs are archived for a minimum of seven years. It all adds up to smoother BSA exams and happy examiners. The CTR homepage provides you with...

Improving your risk-based CDD with intelligent categorization

April 17, 2018 by Nasdaq Verafin

...report suspicious transactions, and, on a risk basis, to maintain and update customer information. With expanding expectations and minimal resources, the question on the minds of many BSA/AML compliance professionals...

Wire Fraud Benchmarking Highlights: Verafin Releases Trends from the Cloud

May 2, 2022 by Nasdaq Verafin

...Wire Fraud Benchmarking Report for Q1 2022, examining emerging wire fraud trends from Q2 2020 to Q3 2021 in the most comprehensive analysis of Verafin Cloud data ever published. In...

Crime Trends & Technology: Reflections & Perspectives for 2020

January 7, 2020 by Nasdaq Verafin

...their customers. Business Email Compromise (BEC) Fraud In an updated 2019 advisory, FinCEN highlighted the role of BEC in criminal money laundering networks, and encouraged FIs to employ information sharing...

Check Fraud

Fraud Detection and Management > Check Fraud Download the Feature Sheet Combining behavioral evidence with consortium insights, Nasdaq Verafin provides financial institutions with powerful check fraud prevention. Customer-driven and machine...

Terrorist Financing

BSA/AML Compliance and Management > Terrorist Financing Request a Demo Terrorist organizations require the US banking system to first clean and then transfer funds obtained through their far-reaching criminal networks...

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...

Six things to consider when investigating check deposit fraud

February 6, 2017 by Nasdaq Verafin

...document their investigation. Plus, if the fraudulent activity is over $5000, from the case they can easily generate a SAR, access all the information needed to create a comprehensive narrative,...