BlogFraudsters Focusing on Higher Value Wire ScamsJanuary 18, 2023 by Verafin Payments fraud is an increasingly complex threat to financial institutions and consumers alike. As wire fraud attempts surge against individuals, especially for seniors, there is a growing debate surrounding mandatory victim reimbursements for Authorized Push Payment (APP) fraud. With a... |
ReportQuarterly Cloud Insights Q4 2022Payments fraud is an increasingly complex threat to financial institutions and consumer customers alike. As potential liability shifts loom with possible implications for wire payments,... |
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... |
Blog12 Red Flags for Elder Financial ExploitationNovember 9, 2022 by Colin Parsons “Financial institutions serve on the frontlines in protecting their older customers’ finances, and can play a critical role in helping to identify, prevent, and report suspected elder financial exploitation. Financial institutions’ vigilance matters. Their reporting matters.” – Himamauli Das, FinCEN... |
Case StudyEnsuring a Sunny TomorrowAs financial institutions implement more robust controls against schemes such as wire fraud, criminals respond by evolving their tactics and increasing efforts against more vulnerable... |
Archived WebinarFraud Schemes & ScamsOriginally Presented: October 19, 2022 Fraudsters are adapting to technology advances and targeting your customers with a variety of illicit tactics. With Authorized Push Payment (APP) fraud scenarios such as... |
Case StudyStolen SavingsFraudsters are constantly evolving their tactics to capitalize on changing payments technologies and target unwitting victims. In a recent scam recognized by the FBI’s Internet... |
BlogFighting Fraud with the Verafin CloudSeptember 30, 2022 by Verafin The industry leader in financial crime management, Verafin is offering trends and benchmarking statistics for wire fraud and related scams – allowing for unparalleled insight into new and emerging trends. We have gathered insights into key fraud trends by analyzing... |
