BlogDisorganized Data: How Unresolved Entities Complicate AML InvestigationsSeptember 22, 2022 by Nasdaq Verafin From savings accounts and credit cards to online banking and P2P payments such as Zelle, today’s financial institutions offer more products and services than ever before. There are dozens of product lines and service providers, and each product may require... |
BlogImpact of COVID-19 Crisis on Financial Crime Management ProgramsApril 6, 2020 by Nasdaq Verafin As COVID-19 continues to impact financial systems around the globe, early reports are emerging on how the pandemic is affecting financial crime management programs. Financial institutions should have processes in place to minimize the impact of a pandemic and ensure... |
Blog6 Indicators of Employee Fraud for Financial InstitutionsAugust 2, 2019 by Nasdaq Verafin The threat of Employee Fraud is on the rise, as financial institutions are increasingly being targeted by internal fraudsters that take advantage of their positions for personal gain. With access to customers’ personal identification information, consumer and corporate bank accounts,... |
BlogThree Technological Landmarks in the Fight Against Financial CrimeMay 20, 2016 by Nasdaq Verafin If there’s such a thing as a sure bet, it’s that criminals will always adapt and find a way to grow their bottom line. And that’s why, in the world of financial crime technology, stagnation is fatal. A lack of... |
