Managing the Growing Complexities of Sanctions Risk

May 9, 2022 by Nasdaq Verafin

...a risk-based approach to sanctions compliance by developing, implementing, and routinely updating a sanctions compliance program.” – A Framework for OFAC Compliance Commitments Efficient and Effective Sanctions Screening and Management...

“Tell Me About Yourself.” Employment Scammers Targeting PII

February 27, 2020 by Nasdaq Verafin

...complexity.” – Internet Crime Complaint Commission (IC3) Public Service Announcement According to the United States Bureau of Labor Statistics, 5.9 million Americans were unemployed as of January 2020. With so...

Elder Financial Exploitation

June 4, 2024 by Nasdaq Verafin

...to these scams than all other age groups combined. Fraudsters will notify victims, posing as technical experts, feigning a fabricated computer virus or informing them that someone has gained illegal...

Human Trafficking: A Humanitarian Crisis

April 2, 2024 by Nasdaq Verafin

...– Timea Nagy, Human Trafficking Activist & Survivor Traffickers commodify innocent people for illicit gain, resulting in the exploitation of millions of victims annually and massive profits for their traffickers....

Using Verafin’s Consortium Analytics to Solve Wire Fraud Challenges

...of Concept process? Download our Fact Sheet on the right, or email us. Looking for more information on Verafin’s Proof of Concept process? Download our Fact Sheet below, or email...

Rich Data Approach Provides Rich Rewards for Fraud Team

...saving more money than we did with our previous solution in the past few years. In our other system, we would have had to go digging around, searching for fraud…...

Turning the Tide: Expert Insights on $3.1T in Financial Crime

February 23, 2024 by Nasdaq Verafin

...speed of faster payments does create some significant complexities, not just for fraud, but for compliance,” observed Daniel Tannebaum. “With the rise of P2P payment networks, these transactions are generally...

Sanctions Screening & Management

BSA/AML Compliance and Management > Sanctions Screening & Management Request a Demo Financial institutions are faced with increasingly complex sanctions compliance regulations and expectations. Without robust sanctions management programs, institutions...

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...