Feature SheetCheck Fraud & Check KitingEven with the rise in digital channels, criminals are still using stolen and counterfeit checks and kiting schemes to cause financial institutions extensive losses. In-clearing... |
Event: Verafin Tour[Virtual Tour Day 2] Fighting Fraud: Innovative Solutions to Detect & Disrupt Emerging CrimesJune 22 at 01:30 PM - 03:00 PM ESTFraud is growing increasingly complex. Amid sophisticated authorized push payment scams, surging check fraud, and with limited visibility into illicit activity, collaboration between financial institutions... |
Feature SheetFraud Detection & ManagementCriminals are smarter than ever before and will use all available products and channels to exploit your financial institution. To successfully stop crime, you need... |
BlogCriminals Cash in on Stolen Checks: FinCEN Releases 10 Red Flags for Mail-Related Check FraudMarch 24, 2023 by Verafin Mail-related check fraud is surging. In 2022, check fraud-related SARs filed to FinCEN reached over 680,000, almost doubling the previous year’s number of filings. In response to a nationwide surge of stolen check fraud schemes targeting the U.S. mail system,... |
Archived Webinar2022 Fraud Trends & TechnologyOriginally Presented: December 8, 2022 With the continuing rise in digital banking and increased demand for consumer convenience, 2022 has seen significant challenges as fraudsters capitalized on opportunities to exploit... |
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 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... |
BlogCrime Trends & Technology: Reflections & Perspectives for 2020January 7, 2020 by Verafin As we move into the next decade, it is critical for financial institutions (FIs) to reflect on recent trends in fraud and compliance, and gauge what potential challenges lay ahead. In a special year-end presentation, we took a look back... |
