United States
United States
BlogCombating Human Trafficking in the Shadow of the 2026 FIFA World CupJune 19, 2026 by Cheryl Friedenbach The 2026 FIFA World Cup arrived this summer across 16 host cities in the United States, Canada, and Mexico. While large-scale events such as the World Cup bring significant economic and cultural benefits there is strong evidence that human trafficking... |
BlogPredicate Crimes to Money Laundering: 5 Key Illicit ActivitiesMarch 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... |
BlogFighting Predicate Crimes: A New VisionJuly 2, 2024 by Fouad Hassouneh Last year, $3.1 trillion in illicit funds flowed through the global financial system, fueled by hundreds of billions of dollars generated by predicate crimes, from drug trafficking to human trafficking, terrorist financing and fraud. As this global epidemic of financial... |
BlogTop 3 Threats Facing the Financial SystemApril 30, 2024 by Nasdaq Verafin The global financial system is facing prolific and diverse threats from financial crime, driven by illicit fraud and money laundering schemes. In the 2024 Nasdaq Global Financial Crime Report, a survey of 200 industry professionals, along with interviews with senior... |
BlogFunnel AccountsApril 10, 2024 by Nasdaq Verafin Funnel accounts continue to thrive as criminal organizations leverage the tactic to exploit the U.S. banking system and quickly move money across great distances at minimal cost — all while enabling anonymity for the depositors. Used as a method to... |
BlogHuman Trafficking: A Humanitarian CrisisApril 2, 2024 by Nasdaq Verafin “$350 billion dollars from human trafficking. Imagine how many victims had to suffer — sweat, blood, and tears — for $350 billion dollars.” – Timea Nagy, Human Trafficking Activist & Survivor Human trafficking is a global humanitarian crisis. At any... |
BlogIncreased Use of Virtual Currency in Human TraffickingMarch 5, 2024 by Nasdaq 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... |
BlogTurning the Tide: Expert Insights on $3.1T in Financial CrimeFebruary 23, 2024 by Nasdaq Verafin Focusing on striking revelations from the recently released Nasdaq 2024 Global Financial Crime Report, Verafin hosted an expert panel presentation on the implications of over $3.1 trillion in illicit money that flowed through the financial system in 2023. This special... |
BlogA $3.1 Trillion Financial Crime EpidemicFebruary 5, 2024 by Nasdaq Verafin Historically, quantifying the scale of financial crime has been a major challenge. In a new 2024 Global Financial Crime Report, Nasdaq and Verafin have brought together expert research and data, industry perspectives, and the voices of survivors to provide insights... |
BlogA Broken Promise: Forced Labor TraffickingJanuary 15, 2024 by Nasdaq Verafin Everyone wants the opportunity for a better life. However, some people are limited by conditions beyond their control – from ongoing conflict to economic uncertainty – making them vulnerable to exploitation. According to the U.S. Department of State, approximately 21.2... |
