Event: WebinarAdvancing the Fight Against Business Email Compromise & Elder Financial Abuse with Consortium AnalyticsApril 17 at 12:30 PM - 01:30 PM ESTAs criminal tactics evolve, financial institutions are struggling to keep pace. Scams such as Business Email Compromise (BEC) and elder financial abuse are costing Americans... |
BlogDark Web: Inside the Internet’s UnderworldMarch 20, 2024 by Verafin “Injustice anywhere is a threat to justice everywhere.” – Martin Luther King Jr. The cloak of anonymity can be used to protect someone from scrutiny or to conceal the worst human behavior imaginable. The dark web, originally conceived to allow... |
BlogBusiness Email Compromise: A Global MenaceMarch 14, 2024 by Verafin First identified in the early 2010s by the FBI as a financial cyber threat, Business Email Compromise (BEC) has evolved into a global menace to the integrity of our financial system. Nasdaq’s 2024 Global Financial Crime Report attributed $10 billion... |
Event: WebinarFraud Schemes & ScamsApril 24 at 12:30 PM - 01:30 PM ESTFraudsters are adapting to technology advances and targeting your customers with a variety of illicit tactics. With authorized push payment fraud scenarios such as Business... |
BlogRomance Scams: 6 Questions to Save Lives & LivelihoodsMarch 6, 2024 by Colin Parsons “People lose their homes, their security, everything. They have already lost their friends, their family, and ultimately some are losing their lives. We don’t want that to happen. As a professional, would it be better for you to question their... |
BlogIncreased Use of Virtual Currency in Human TraffickingMarch 5, 2024 by Verafin Criminals will exploit the most vulnerable in society for significant financial gain. According to Nasdaq’s Global Financial Crime Report, in 2023, $346.7B of illicit funds was linked to human trafficking activity – although this number is likely only a fraction... |
BlogElder Fraud: Prevalent & PreventableMarch 4, 2024 by Verafin Elder fraud is unquestionably reprehensible, but its prevalence is remarkably high. An estimated 1 in 10 elderly Americans are abused each year, and in Nasdaq’s 2024 Global Financial Crime Report, $77.7 billion of all reported global fraud was linked to elderly victims.... |
Event: DemoA Consolidated Financial Crime Management Platform for CanadaMarch 28 at 12:30 PM - 01:30 PM ESTVerafin’s Financial Crime Management platform is a cross-institutional, cloud-based solution utilizing the latest advances in artificial intelligence and machine learning. Innovative analytics examine the complete,... |
Archived WebinarElder Financial AbuseOriginally Presented: February 29, 2024 Vastly underreported, elder financial abuse is estimated to impact 1 in 10 elderly Americans each year.[1] Financial institutions face increased responsibility to help combat the exploitation... |