Modus Operandi of a Criminal Organization

Originally Presented: June 1, 2022

The Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) National Priorities identified Transnational Criminal Organizations (TCOs) as a significant threat. Financial institutions require a... 

Industry Panel – Global AML Regimes & Collaborative Approaches to Fight Crime

Originally Presented: October 19, 2021

Advancements in global AML regimes are creating new possibilities to enhance anti-money laundering efforts and disrupt the flow of illicit funds through increased industry collaboration... 

Crossing Boundaries: The Expansive Threat of BEC

May 20, 2021 by Nasdaq 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,... 

Money Mules Moving Illicit Proceeds from COVID-19-Related Crimes

June 11, 2020 by Nasdaq 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] mechanism.” – Financial Action Task Force From economic stimulus payments to... 

Fraud Risks in Turbulent Times

March 20, 2020 by Nasdaq 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 report suspected fraudulent activity. On March 16, 2020, FinCEN released a... 

ACAMS Webinar: Big Data and Information Sharing to Fight Crime

Originally 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... 

Leveraging Big Data and Collaborative Investigations for Fraud Prevention

Originally 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... 

ACAMS Webinar: Leveraging Big Data and Collaborative Investigations for Effective Fraud Prevention

Originally 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... 

Partners in Fighting Crime

Randolph-Brooks Federal Credit Union •  Location: Live Oak, TX Assets: $9.2B*  •  Core Banking System: Fiserv – DNA “I have been using Verafin for over... 

Synthetic Identity Fraud: Unreal Identities Result in Real Fraud Losses

Originally 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....