Money mules enable the flow of $3.1T in illicit funds through the global financial system. Whether career criminals or unsuspecting victims, money mules help hide illicit activities and launder the proceeds of crime.
These slides from our webinar highlight the role of money mules in financial crime, and how financial institutions can respond. You will learn how:
- Money mules are recruited and operate within the financial crime landscape
- New NACHA rules and other regulations impact your institution
- To detect and prevent money mule activity using innovative and collaborative approaches
- Generative AI, real-time monitoring, and targeted analytics are essential tools in the fight against money mules
