BlogFunnel AccountsApril 10, 2024 by 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... |
BlogUnderstanding the Risks that Shape the Financial LandscapeMarch 27, 2024 by Verafin The United States is the largest economy in the world, making it a preferred target for money laundering. In the 2024 National Money Laundering Risk Assessment (NMLRA), the Department of the Treasury highlights the numerous risks shaping the financial landscape,... |
BlogAML Trends & Technology 2023January 11, 2024 by Bill Heys 2023 was a year of considerable change for AML. The rise in Artificial Intelligence (AI) and other innovations offered opportunities for increased efficiency in investigations. In our year end presentation, 2023 AML Trends & Technology: A Year in Review: What’s... |
Archived Webinar2023 AML Trends & TechnologyOriginally Presented: December 6, 2023 As money laundering grows in scale and complexity, financial institutions need efficient technology solutions in place for effective BSA/AML programs. 2023 has been a significant... |
eBookHuman Trafficking: Know the Behavior, Uncover the CrimeAccording to the U.S. Department of State, an estimated 27.6 million people across the globe are impacted by human trafficking and forced labor at any... |
Feature SheetCanada AML Compliance & ManagementFinancial institutions are facing significant challenges in keeping pace with the growing complexities of financial crime. As financial crimes grow more sophisticated and regulatory requirements continue... |
Archived WebinarAdverse Media ScreeningOriginally Presented: July 20, 2023 The people making headlines may also be customers at your financial institution. Your own internal due diligence is only part of your customer’s story. Watch... |
InfographicHidden Money MulesMoney mules are instrumental to financial crimes, acting as witting or unwitting conduits between fraud and money laundering. Their activities obfuscate criminals’ identities and their... |
