BlogPreying on the VulnerableJuly 8, 2022 by Verafin In the fight against financial crime, change is perhaps the only constant. As financial institutions implement more robust controls against schemes such as wire fraud, criminals respond by evolving their tactics and increasing efforts against more vulnerable customer segments. In... |
InfographicHighlights from the CloudGain unparalleled perspective on wire fraud trends across the industry with Verafin’s complimentary infographic – Highlights from the Cloud: Wire Fraud Insights Q2 2022. Discover the findings... |
ReportQuarterly Cloud Insights Q2 2022Fraudsters are uncompromising, often targeting seniors with cruel elder financial abuse tactics from romance and investment scams. Amid pandemic isolation measures, the rise of digital... |
BlogWire Fraud Insights: The Looming Threat of Business Email CompromiseMay 24, 2022 by Verafin Today’s payments ecosystem is rapidly evolving, driven by customer demand for greater speed and convenience, and the financial industry’s digital transformation. This change has also presented opportunities for financial crime — fraudsters are exploiting wire payments with Business Email Compromise... |
BlogElder Financial Abuse: New Cloud Insights Show Major SurgeMay 17, 2022 by Verafin Wire fraudsters are uncompromising, often targeting seniors with cruel elder abuse tactics from romance and investment scams to grandparent schemes. Since our previous blog on elder financial abuse, surging inflation and rising interest rates have strained senior’s modest budgets, leaving... |
BlogWire Fraud Benchmarking Highlights: Verafin Releases Trends from the CloudMay 2, 2022 by Verafin Wire fraud is evolving across the financial industry — and today, Business Email Compromise (BEC), targeted consumer scams, and the financial exploitation of elderly persons are of particular concern. With fraudsters circumventing the enhanced authentication controls of many digital platforms... |
ReportQuarterly Cloud Insights Q1 2022In recent years, Verafin has observed a significant increase in wire fraud incidents across the industry, including cases of Business Email Compromise (BEC), targeted consumer... |
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... |
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... |
