Conduits of Crime: Detecting and Preventing Money Mules

Money mules enable the flow of $3.1T in illicit funds through the global financial system. Whether career criminals or unsuspecting victims, money mules help hide... 

Conduits of Crime: Detecting and Preventing Money Mules

Originally Presented: March 13, 2025

Money mules enable the flow of $3.1T in illicit funds through the global financial system. Whether career criminals or unsuspecting victims, money mules help hide... 

Predicate Crimes to Money Laundering: 5 Key Illicit Activities

March 7, 2025 by Nasdaq Verafin

Predicate crimes to money laundering are criminal activities that generate illicit profits, which are then reintroduced into the economy through a process of placement, layering, and integration. From drug and human trafficking to terrorist financing and fraud, these illegal activities... 

Forged Endorsement: The Signature Aspects of the Crime 

February 27, 2025 by Nasdaq Verafin

Checks stolen from the mail and fraudulently endorsed accounted for 20 percent of the check fraud reported in FinCEN’s recent Financial Trend Analysis. Known for its unsophisticated methodology, stolen checks deposited with a forged signature are incredibly difficult to identify... 

A Proven Solution to Authorised Push Payment Fraud

Nasdaq Verafin provides holistic protection against payment fraud, including Authorised Push Payment (APP) scams, while significantly reducing false positives. Nasdaq Verafin uses a massive consortium... 

Improving Complex Financial Crime Investigations with Big Data, AI, and Automation

February 20, 2025 by Nasdaq Verafin

In 2023, $3.1 trillion in money laundering and illicit funds flowed through the global financial system. The need to follow the money, uncover hidden connections and provide actionable intelligence to law enforcement is acute.  For many financial institutions, unravelling intricate... 

Guarding the Golden Years Part 2: Effectively Detecting Elder Financial Exploitation

February 13, 2025 by Nasdaq Verafin

Elder financial exploitation (EFE) is a heinous crime, capitalizing on the vulnerabilities of older adults with limited technological knowledge and readily available liquid assets. In a recent Interagency Statement, FinCEN and other agencies are urging financial institutions to take action... 

A More Efficient Process

PrimeTrust Federal Credit Union  •  Headquarters: Muncie, IN Assets: $144M*  •  Core Banking System: Jack Henry – Symitar Episys “The training we received was amazing. The... 

Fraud Detection and Management Overview – Canada

Fraud is constantly evolving. As scams grow more sophisticated, financial institutions need robust controls in place to prevent loss. Using cross-channel intelligence, targeted analytics and... 

Frequently Asked Questions about the FRAMLxchange

Nasdaq Verafin provides 314(b) Information Sharing technology for institutions that are members of the FRAMLxchange, the industry’s largest network of 314(b)-registered institutions. FRAMLxchange is registered...