BlogCrime Trends & Technology: Reflections & Perspectives for 2021December 16, 2020 by Verafin In a recent year-end presentation, we explored the unrelenting challenges of 2020, the trends and technology developments throughout the year, and offered an overview of how recent industry threats may continue into the future. The following highlights and related resources will... |
Archived Webinar2020 Crime Trends & Technology: A Year in ReviewOriginally Presented: December 3, 2020 From the unprecedented impact of the COVID-19 crisis to the historic 50-year anniversary of the BSA, 2020 has been a defining year in financial crime... |
Archived Webinar2019 Crime Trends & Technology: A Year in ReviewOriginally Presented: December 3, 2019 You’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... |
InfographicMoney Services Businesses (MSBs)Over a quarter of American households use Non-Banking Financial Institutions (NBFIs) such as Money Services Businesses (MSBs) to move money, but banking MSBs can be... |
InfographicManaging & Mitigating RiskFinancial institutions are facing significant Customer and Enhanced Due Diligence (CDD/EDD) challenges for higher-risk categories of customers as outlined in the FFIEC BSA/AML Examination Manual.... |
Archived WebinarHow do you find your high-risk customers?Originally Presented: July 31, 2019 Financial institutions invest significant time and resources into identifying customers in high-risk categories, such as Private ATM Owners, Money Service Businesses (MSBs), Marijuana-Related Businesses (MRBs),... |
InfographicNon-Governmental Organizations & CharitiesThough intended to serve the public good, non-governmental organizations and charities (NGOs) have been exploited to raise and move funds by criminal and terrorist organizations.... |
Case StudySwitching to Stay CompliantCity Bank • Location: Lubbock, TX Assets: $3.7B • Core Banking System: Jack Henry – Silverlake System “When we moved over to Verafin, it made... |
eBookHow to Effectively Manage High-Risk CustomersToday, institutions are facing increased regulatory pressures governing Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) procedures, particularly regarding high-risk customers. This eBook discusses... |
Case StudyPartners in Fighting CrimeRandolph-Brooks Federal Credit Union • Location: Live Oak, TX Assets: $14B • Core Banking System: Fiserv – DNA “I have been using Verafin for over... |
