BlogUnreal Identities Leading to Real CrimesFebruary 4, 2019 by Verafin Synthetic identity fraud has become a vehicle for fraudsters to commit a host of financial crimes, such as account fraud, loan fraud or online banking fraud. Criminals combine real... |
BlogBusiness Email Compromise (BEC) FraudDecember 10, 2018 by 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... |
Archived WebinarCollaborative Investigations: Connecting the Dots to Stop CrimeOriginally Presented: December 5, 2018 Fraudsters and money launderers do not limit their illicit activities to a single institution. As crime rings evolve, they find new and innovative ways to avoid detection, creating challenges for... |
Archived WebinarUsing Big Data Intelligence for Big Gains in Fighting CrimeOriginally Presented: November 7, 2018 Institutions are facing increased pressure to mitigate the risk of fraud and money laundering, and stay compliant. But as workload and costs increase, false positives can overwhelm already strained resources,... |
BlogHow financial institutions can help end elder financial exploitationJune 18, 2018 by Verafin Elder financial exploitation (EFE) may be the crime of the 21st century. The available numbers paint a scary picture: one 2015 report indicated seniors are defrauded of nearly $36.5 Billion... |
Archived WebinarPrevent & Manage Card Fraud Losses using FRAMLxOriginally Presented: June 7, 2018 As more consumers use debit and credit cards as a preferred payment method, both personal and card data are reaching unprecedented heights of vulnerability. The rollout of EMV only adds... |
Archived WebinarIncoming Wire Fraud: Uncovering Money Mules with FRAMLxOriginally Presented: May 31, 2018 Fraud scams, such as Business Email Compromise, Work-from-home, and Romance scams are rarely isolated events. As fraud has become more sophisticated, large criminal organizations use layers of schemes to hide... |
Archived WebinarPreventing Losses from Check Kiting & Stolen ChecksOriginally Presented: May 24, 2018 Fraudsters are using tried and true methods to avoid detection, from stolen check books to kiting schemes. As losses continue unabated, most fraud teams have to rely on first-generation... |
Archived WebinarElder Financial Abuse: Protecting Vulnerable Customers from FraudOriginally Presented: May 10, 2018 Elder Abuse is a growing crime that should compel everyone to take action. While it is believed that as few as 1 in 14 cases are reported, elder financial abuse... |
Archived WebinarHow to Reduce Deposit Fraud Losses with Adaptive AlertsOriginally Presented: May 3, 2018 Fraudsters are continuing to target financial institutions and their customers with a variety of schemes to inflict losses, in particular across in-branch, ATM, and mobile deposit channels. As financial institutions... |
