BlogFraud Trends and TechnologyJanuary 12, 2022 by Verafin Financial institutions face increasing challenges to keep pace with evolving financial crime, and 2021 revealed that fraud is moving faster than ever. In a year-in-review presentation, we explored the top fraud trends of 2021 identified in the Verafin Cloud, the... |
Event: Webinar2021 Crime Trends & Technology: A Year in ReviewJanuary 26 at 12:30 PM - 01:30 PM ESTFrom growing fraud threats to the evolving BSA/AML landscape, 2021 was a significant year in financial crime management — and 2022 may bring new challenges... |
InfographicCloud Insights: Big Data Trends & DiscoveriesVerafin has uncovered unique insights into the scope of wire fraud, ACH fraud, and Business Email Compromise (BEC) through analysis of our immense data set... |
Archived WebinarEmployee Fraud: Understanding the Threat from WithinOriginally Presented: July 28, 2021 In order to protect themselves from evolving external threats, financial institutions continue to strengthen their fraud controls by deploying fraud detection solutions across a variety... |
Feature SheetCOVID-19-Related Health Care Benefits Fraud DetectionThe Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund (PRF) offers assistance to qualified suppliers of health care, services, and support for healthcare-related expenses... |
BlogPersistence Pays as Fraud Continues Under COVID-19July 12, 2021 by Verafin Earlier this year, FinCEN issued an advisory to “alert financial institutions to health insurance and health care frauds related to the COVID-19 pandemic.” Fraudsters have been targeting multiple sources of funds, including Medicare, the Medicaid/Children’s Health Insurance Program (CHIP), TRICARE,... |
InfographicWire FraudWire fraud is a growing threat for financial institutions – as fraud schemes continue to evolve and become more sophisticated, with high-value, irrevocable transfers at... |
Product BrochureReal-Time Wire Fraud DetectionThe dollar value and international nature of many wire transfers make them inherently risky. With criminal schemes such as Business Email Compromise (BEC) continuing to... |
BlogCrossing Boundaries: The Expansive Threat of BECMay 20, 2021 by 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,... |
