BlogFinCEN and Federal Banking Agencies Encourage Banks to InnovateDecember 4, 2018 by Verafin A joint statement released on Dec. 3, 2018, by the Financial Crimes Enforcement Network (FinCEN) and its regulatory partners — the Board of Governors of the Federal Reserve System,... |
Event: DemoMitigating and Managing Deposit Fraud LossesNovember 27 at 12:30 PM - 01:30 PM ESTFinancial institutions across the country are facing an increasing number of deposit fraud attacks as criminals take advantage of the anonymity and convenience of ATM and mobile channels. Meanwhile, consumers... |
BlogElder Financial Abuse: SAR TrendsJune 12, 2019 by Verafin In February 2019, the Consumer Financial Protection Bureau (CFPB) released a study on elder financial abuse, Suspicious Activity Reports on Elder Financial Exploitation: Issues and Trends. The study utilizes information... |
BlogMachine Learning: Higher Performance Analytics for Lower False PositivesAugust 2, 2019 by Verafin Faced with mounting compliance costs and regulatory pressures, financial institutions are rapidly adopting Artificial Intelligence (AI) solutions, including machine learning and robotic process automation (RPA) to combat sophisticated and... |
Event: Webinar2019 Crime Trends & Technology: A Year in ReviewDecember 3 at 12:30 PM - 01:30 PM ESTYou’re invited to a special year-end presentation as industry experts discuss the challenges financial institutions faced in 2019, the trends to watch for in 2020, and the role of technology... |
BlogFighting Crime with AI: Benefits of Machine Learning and RPAJuly 15, 2019 by 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,... |
BlogRPA: Improve Efficiency and Increase Productivity by Automating Routine TasksSeptember 4, 2019 by Verafin Financial crime management programs are increasingly challenged by limited time and resources, with BSA/AML and Fraud investigators often spending more time manually collecting data than investigating potentially suspicious activity.... |
BlogBanking on AI for Financial Crime ManagementJuly 5, 2019 by Verafin Encouraged by peer adoption and industry recommendations, financial institutions are rapidly deploying AI solutions for financial crime management. Machine learning and robotic process automation (RPA) are being leveraged for... |
Archived WebinarACAMS Webinar: Leveraging Big Data and Collaborative Investigations for Effective Fraud PreventionOriginally Presented: May 2, 2019 “This is by far the most useful webinar I have attended through ACAMS! Excellent presentation. I appreciate the use of current/modern day true crime cases to illustrate the point.” In... |
Archived WebinarLeveraging Big Data and Collaborative Investigations for Fraud PreventionOriginally Presented: August 14, 2019 In an evolving financial crime landscape, financial institutions must embrace innovative approaches to proactively prevent fraud and combat crime-ring activity. Join us for this insightful session to learn how financial... |
