Quarterly Cloud Insights Q1 2023

Payment fraud is an increasingly complex threat to financial institutions and consumer customers alike. As potential liability shifts loom with possible implications for wire payments,... 

From the Cloud: Deep Insights into Wire Fraud Trends

March 15, 2023 by Nasdaq Verafin

Payment fraud is a challenge that is pervasive in the financial industry, and a threat to financial institutions of all sizes. As the talk of a liability shift for consumer-related payment fraud gains momentum within regulatory spheres, additional pressure is... 

Elder Financial Exploitation: Red Flag Indicators

Each year, countless American seniors are exploited by criminals preying on their vulnerability and accumulated wealth. With Elder Financial Exploitation rampant and on the rise,... 

Fraudsters Focusing on Higher Value Wire Scams

January 18, 2023 by Nasdaq 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... 

Quarterly Cloud Insights Q4 2022

Payments fraud is an increasingly complex threat to financial institutions and consumer customers alike. As potential liability shifts loom with possible implications for wire payments,... 

2022 Fraud Trends & Technology

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... 

2022 Fraud Trends & Technology

Originally 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... 

12 Red Flags for Elder Financial Exploitation

November 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... 

Fraud Schemes & Scams

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... 

Ensuring a Sunny Tomorrow

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...