BlogTurning the Tide: Expert Insights on $3.1T in Financial CrimeFebruary 23, 2024 by Verafin Focusing on striking revelations from the recently released Nasdaq 2024 Global Financial Crime Report, Verafin hosted an expert panel presentation on the implications of over $3.1 trillion in illicit money that flowed through the financial system in 2023. This special... |
Archived WebinarThe Scale and Impact of $3 Trillion in Financial CrimeOriginally Presented: February 8, 2024 Over $3.1 trillion in illicit funds flowed through the global financial system last year and fraud reached nearly a half a trillion dollars in losses.... |
Blog7 New FinCEN Red Flags to Identify Terrorist FinancingNovember 17, 2023 by Verafin World events can shift in a moment. Financial institutions need to be prepared to adapt to the constantly evolving landscape of regulatory compliance, while swiftly identifying potentially suspicious activity. To assist, FinCEN has issued a new alert with 7 red... |
White PaperFighting Financial Crime Within Your Institution – And BeyondCriminals perpetrating financial crimes are not constrained by privacy rules, regulations, technology, or geographic boundaries. As criminals become more connected, share malicious practices, and utilize... |
VideoCollaborative Frameworks ExplainedA single financial institution investigating financial crime is limited to just one side of the story – to truly understand fraud and money laundering activities,... |
BlogCombating Human Trafficking with Verafin’s Data-Driven Financial Crime Management PlatformJuly 5, 2022 by Verafin Generating an estimated $150 billion per year, human trafficking is one of the most profitable and heinous international crimes. Human trafficking and human smuggling was identified in the AML/CFT National Priorities as one of eight “predicate crimes that generate... |
White PaperInsights from Five Related U.S. Criminal Court CasesIn September 2021, thirty-five defendants were indicted in the Eastern and Northern Districts of Texas in five related criminal cases involving an international criminal organization.... |
