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  •   Intelligent Segmentation

  Blog

Improving your risk-based CDD with intelligent categorization

April 17, 2018 by Verafin

2018 updates to Customer Due Diligence requirements have increased regulatory emphasis on how BSA/AML departments must conduct ongoing customer due diligence. The FFIEC BSA/AML Examination Manual states that AML programs,...

  Blog

Key Takeaways from FFIEC Updated CDD Examination Procedures

June 12, 2018 by Verafin

On May 11, 2018, the FFIEC released new Customer Due Diligence (CDD) Examination procedures that reflect and codify the requirements of FinCEN’s final CDD rule. These updates detail how financial...

  Archived Webinar

Finding MSBs: Check Cashers & Money Transmitters

Originally Presented: May 15, 2018

Despite having robust account opening procedures, it is likely that your financial institution has unidentified Money Service Businesses. After onboarding, your customers may expand their business offering to include check-cashing...

  Archived Webinar

New FFIEC Exam Procedures for Customer Due Diligence

Originally Presented: June 26, 2018

On May 11, 2018, the FFIEC released new Customer Due Diligence Examination procedures that reflect and codify the requirements of FinCEN’s final CDD rule. These updates detail how financial institutions...

  Archived Webinar

Are you banking Marijuana-Related Businesses?

Originally Presented: May 22, 2018

FinCEN’s 2014 guidance outlines BSA obligations including SAR filing requirements for banking Marijuana-Related Businesses (MRBs). Whether or not your institution chooses to bank these businesses, it is imperative to your...

  Archived Webinar

Identifying NGOs or Charities to Better Assess Risk

Originally Presented: May 29, 2018

As the FFIEC BSA Exam Manual states “the flow of funds both into and out of the NGO can be complex, making them susceptible to abuse by money launderers and...

  Archived Webinar

How many of your customers own ATMs?

Originally Presented: May 1, 2018

  As outlined in the FFIEC BSA Exam Manual “privately owned ATMs are particularly susceptible to money laundering and fraud.” Identifying ATMs can be a challenge for financial institutions as...

  Archived Webinar

Why Every Institution Needs Intelligent Segmentation

Originally Presented: April 24, 2018

Despite the best efforts of diligent compliance teams like yours, who have to rely on manual reports and processes, it is hard to know if you’ve identified all potential high-risk...

  Archived Webinar

Learning from Fraud Detection: Segmenting AML to Fight Financial Crime

Originally Presented: October 11, 2018

Why do we think about AML as a single idea, when fraud is segmented specifically by customer, channel or loss type? In this insightful session, Jim Richards and Brendan Brothers...

  Event: Demo

End-to-End High-Risk Customer Management & CDD/EDD

December 12 at 12:30 PM - 01:30 PM EST

How effective is your institution’s high-risk customer management program? From identification to assessment, to continuous review and monitoring — current approaches to CDD/EDD for high-risk customers often involve manual, disconnected...