Event: DemoSolutions to Combat COVID-19 Financial CrimeFebruary 10 at 12:30 PM - 01:30 PM ESTWhile fraudsters prey on consumer fear and uncertainty during the COVID-19 pandemic, financial institutions are experiencing significant changes in daily operations and in customer behavior – adding to the complication... |
BlogMoney Mules Moving Illicit Proceeds from COVID-19-Related CrimesJune 11, 2020 by Verafin “In the past, money mules have been viewed as low-level offenders, transferring small amounts of cash. However, organised, sophisticated money mule schemes have evolved as a [professional money launderer]... |
BlogFraud Risks in Turbulent TimesMarch 20, 2020 by Verafin As the COVID-19 pandemic continues to spread throughout the world, financial institutions have been encouraged to remain steadfast in their ongoing scrutiny of potentially suspicious behavior and to diligently... |
Archived WebinarACAMS Webinar: Big Data and Information Sharing to Fight CrimeOriginally Presented: November 21, 2019 With the growing complexities of today’s fraud and AML landscape, financial institutions must embrace innovative approaches such as information sharing and big data to effectively fight crime. This insightful webinar... |
Archived WebinarLeveraging Big Data and Collaborative Investigations for Fraud PreventionOriginally Presented: August 14, 2019 In an evolving financial crime landscape, financial institutions must embrace innovative approaches to proactively prevent fraud and combat crime-ring activity. Join us for this insightful session to learn how financial... |
Archived WebinarACAMS Webinar: Leveraging Big Data and Collaborative Investigations for Effective Fraud PreventionOriginally Presented: May 2, 2019 “This is by far the most useful webinar I have attended through ACAMS! Excellent presentation. I appreciate the use of current/modern day true crime cases to illustrate the point.” In... |
Case StudyPartners in Fighting CrimeRandolph-Brooks Federal Credit Union • Location: Live Oak, TX Assets: $11.7B • Core Banking System: Fiserv – DNA “I have been using Verafin for over 10 years, and at Randolph-Brooks... |
Archived WebinarSynthetic Identity Fraud: Unreal Identities Result in Real Fraud LossesOriginally Presented: February 14, 2019 In this digital age, vast amounts of compromised customer information from data breaches and fraud scams is readily available for purchase on the dark web. To further their illicit schemes,... |
BlogUnreal Identities Leading to Real CrimesFebruary 4, 2019 by Verafin Synthetic identity fraud has become a vehicle for fraudsters to commit a host of financial crimes, such as account fraud, loan fraud or online banking fraud. Criminals combine real... |
InfographicUncovering Crime Rings in the CloudThis infographic provides an overview of a real-life crime ring active for more than 8 years, spanning 32 institutions, involving 29 entities, and representing potential losses of $10 million. Powerful... |
