2019 Crime Trends & Technology:
A Year in Review

Originally Presented: December 3, 2019

  You’re invited to a special year-end presentation as industry experts discuss the challenges financial institutions faced in 2019, the trends to watch for in... 

Check Fraud Challenges

Even with the rise in digital channels, criminals continue to use stolen and counterfeit check schemes to cause financial institutions extensive losses. Not only has... 

Defying the Digital Revolution: Conventional Check Fraud Continues to Challenge Financial Institutions

November 26, 2019 by Nasdaq Verafin

Despite the current prominence of digital banking channels, check fraud remains a popular means for criminals to exploit financial institutions and their customers. Fraudsters’ options in this vein are numerous: stealing and cashing checks, duplicating legitimate checks, doctoring counterfeit checks,... 

Account Fraud

From doctoring checks to exploiting your most vulnerable customers, criminals will stop at nothing to defraud your financial institution’s accounts for their gain. The threat... 

United Community Bank prepares for tomorrow and prevents more than $1M in fraud losses, today.

United Community Bank • Location: Blairsville, GA Assets: $19B • Core Banking System: Fiserv – Premier “In less than two months there’s been a clear... 

Protecting the Vulnerable at a Confluence of Crime

Community First Credit Union  •  Location: Jacksonville, FL Assets: $1.6B*  •  Core Banking System: Symitar Episys “The advanced nature of Verafin’s software and their dedication... 

Business Email Compromise (BEC) Fraud

December 10, 2018 by Nasdaq Verafin

This blog was originally published in July 2017 and has been updated to reflect up-to-date statistics and references. Business Email Compromise (BEC) has become a big earner in the criminal world and a serious fraud threat for financial institutions (FIs)... 

Enterprise Fraud Management

Fraud continues to plague financial institutions — with evolving scams and schemes, fraud is a constantly evolving threat, with criminals probing for an opening in... 

Unmasking online account takeover

December 19, 2017 by Nasdaq Verafin

The intersection of fraud and online banking accounts continues to be big business. With our dependence on smart phones and as the Internet continues to seemingly expand into every aspect of our lives, criminals are fashioning masks molded from stolen... 

Trends & Technology: The Evolution of Fraud in a Digital Age

Originally Presented: October 24, 2017

In this insightful session, Mauriceo Castanheiro, Director of Fraud Analytics; discusses the changing landscape of financial crime with a focus on emerging fraud trends. This...