BlogFraud Trends and TechnologyJanuary 12, 2022 by Verafin Financial institutions face increasing challenges to keep pace with evolving financial crime, and 2021 revealed that fraud is moving faster than ever. In a year-in-review presentation, we explored the top fraud trends of 2021 identified in the Verafin Cloud, the... |
Archived Webinar2021 Crime Trends & Technology: A Year in ReviewOriginally Presented: December 7, 2021 From growing fraud threats to the evolving BSA/AML landscape, 2021 has been a significant year in financial crime management — and 2022 may bring new... |
BlogElder Financial AbuseOctober 19, 2021 by Verafin “Every year, one in ten Americans aged 60 and older experiences abuse — and for every case of elder abuse that comes to the attention of authorities, it is estimated that 23 cases are never brought to light.“ – White... |
Archived WebinarPeer Perspectives – Fraud InsightsOriginally Presented: October 18, 2021 In this recording of the 2021 Virtual Fraud Detection & AML Conference, industry and technology experts, and your peers from financial institutions, discuss a diverse... |
Archived WebinarKeynote – Consortium Approach: Combating Fraud with Big DataOriginally Presented: October 18, 2021 Fraudsters are targeting all available transaction channels for their gain, exploiting customers and financial institutions with sophisticated Business Email Compromise attacks on wire and ACH... |
InfographicCloud Insights: Big Data Trends & DiscoveriesVerafin has uncovered unique insights into the scope of wire fraud, ACH fraud, and Business Email Compromise (BEC) through analysis of our immense data set... |
InfographicBusiness Email Compromise – a Growing ThreatBEC is a high-value, high-speed, widespread scheme — and an increasing threat for financial institutions. In 2020, it was estimated as the costliest scam to... |
InfographicWire FraudWire fraud is a growing threat for financial institutions – as fraud schemes continue to evolve and become more sophisticated, with high-value, irrevocable transfers at... |
BlogCrossing Boundaries: The Expansive Threat of BECMay 20, 2021 by Verafin “For five years in a row, BEC is responsible for the most financial losses reported to the FBI. We have no reason to believe that 2021 will be any different.” Agari, 2021 As the industry rebounds from a challenging year,... |
