SolutionHuman Trafficking...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 ->... |
BlogCrime Trends & Technology: Reflections & Perspectives for 2020January 7, 2020 by Nasdaq Verafin ...efficiently and effectively identify and segment high-risk customers. Stratified, Risk-Based Approach Managing due diligence requirements and reviews for high-risk customers may be the most significant challenge facing compliance programs today.... |
BlogA Brief History of the BSANovember 7, 2018 by Jim Richards ...critical to the successful prevention of illicit activity. Of course, as outlined in the FFIEC manual, a sound BSA/AML compliance program provides the necessary foundation for providing that intelligence. But... |
On-Demand Webinar2017 Crime Trends & TechnologyOriginally Presented: July 12, 2017 ...fight against human trafficking? Funnel Accounts: What are the indicators of funnel accounts used by criminal and organizations? Compliance Updates: What changes are coming for Ultimate Beneficial Ownership and Regulatory... |
PageExplore a Career in Software DevelopmentDownload our brochure and contact us at students@verafin.com for more information. Download our Brochure... |
BlogFraudsters Focusing on Higher Value Wire ScamsJanuary 18, 2023 by Nasdaq Verafin ...value of attempted wire fraud reached the highest levels of any reported quarter, rising 50% from $10K to $15K per attempt. Top Industry Fraud Target Finance and Insurance (28%) and... |
BlogU.S. Court Case: 60 Funnel Accounts Used by Heroin Trafficking OrganizationSeptember 27, 2017 by Denise Hutchings “Narcotics traffickers will attempt to create elaborate financial networks in an effort to launder illegal drug proceeds.” (James Dorsey, Acting Special Agent in Charge IRS Criminal Investigation, June 2017) Heroin... |
BlogNine Red Flags on Terrorist Financing from FinCEN’s New AdvisoryJune 18, 2024 by Nasdaq Verafin ...to comply with AML/CFT best practices. A customer conducts transactions that originate with, are directed to, or otherwise involve entities that are front companies, general “trading companies” with unclear business... |
BlogUnderstanding the Risks that Shape the Financial LandscapeMarch 27, 2024 by Nasdaq Verafin The United States is the largest economy in the world, making it a preferred target for money laundering. In the 2024 National Money Laundering Risk Assessment (NMLRA), the Department of... |
SolutionCTRs...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 ->... |
