Enhanced Due Diligence

...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  ->...

Stolen Lives – International Sex Trafficking

January 10, 2024 by Nasdaq Verafin

...many aspects of communication, finance, transportation, and commerce that have connected and enriched our global community.” – Cindy Dyer, Ambassador-at-Large, Office to Monitor and Combat Trafficking in Persons Human Trafficking...

Redefining Fraud: Combating Evolving Business Email Compromise Schemes

January 23, 2020 by Nasdaq Verafin

...the latest trends in criminal activity. Information Sharing Opportunity “Business Email Compromise fraudsters are becoming increasingly sophisticated, often backed by complex networks of witting and unwitting money mules that assist...

Fighting Crime with AI: Benefits of Machine Learning and RPA

July 15, 2019 by Nasdaq Verafin

Artificial intelligence (AI) is arguably the hottest topic in the financial industry today. Financial institutions are using AI to help mitigate costs, generate business, and improve customer experiences. However, there...

Romance Scams: 6 Questions to Save Lives & Livelihoods

March 6, 2024 by Colin Parsons

...Company Colin Parsons spearheads the strategic development of technology solutions to combat fraud at Nasdaq Verafin. Throughout his time with the company, Colin has worked as a development team lead,...

Fraud Detection and Management

...We extract information from thousands of financial institutions to profile hundreds of millions of counterparties with rich demographic and transactional data, without sharing Personally Identifiable Information (PII). Consortium analytics are...

Deconstructing the Currency Transaction Report

February 18, 2020 by Jim Richards

...locate information on how the proposed amount of $5,000 was established, or what comments were received, so I submitted a Freedom of Information Act request to the Treasury, seeking any...

Cross-Institutional Analysis

BSA/AML Compliance and Management > Cross-Institutional Analysis Request a Demo Cross-institutional analysis provides a more complete picture of customer activity — beyond your four walls. It can detect unseen risks...

Romance Fraud Scams

July 9, 2017 by Nasdaq Verafin

...of the problem? There were almost 15,000 complaints categorized as romance scams/confidence fraud reported to the FBI’s Internet Crime Compliant Center (IC3) in 2016, with the victims suffering over $230M...

Wire Fraud

Fraud Detection and Management > Wire Fraud Download the Feature Sheet With criminal schemes such as Business Email Compromise becoming a growing problem, institutions need enhanced monitoring to prevent serious...