Financial crimes such as Business Email Compromise (BEC), romance scams, and online account takeover attacks require money mules to facilitate fraud. As fraudsters change their money laundering and payment fraud tactics to leverage new technology and financial crime typologies, siloed fraud detection and anti-money laundering solutions make money mules more challenging to identify.
Download our fact sheet and discover how Nasdaq Verafin’s consortium-based Fraud Detection and Management solutions offer enriched counterparty profiles for a holistic view of payee risk across wire, ACH and instant payment channels, as well as check deposits — detecting more mule activity with fewer false positives.
