Event: Verafin TourBSA/AML Compliance SessionMarch 09 at 03:00 PM - 04:30 PM ESTThe landscape of BSA/AML compliance is changing. 2020 saw renewed calls to modernize the BSA/AML regime, and the AML Act of 2020 may usher in the most significant changes since... |
BlogCrime Trends & Technology: Reflections & Perspectives for 2021December 16, 2020 by Verafin In a recent year-end presentation, we explored the unrelenting challenges of 2020, the trends and technology developments throughout the year, and offered an overview of how recent industry threats... |
Feature SheetCOVID-19-Related Unemployment Benefit Fraud DetectionThe COVID-19 pandemic has caused an economic downturn and compelled millions of Americans to file for unemployment benefits. With claims systems strained by historic and accelerated volumes of applications, criminals... |
BlogMoney Mules Moving Illicit Proceeds from COVID-19-Related CrimesJune 11, 2020 by Verafin “In the past, money mules have been viewed as low-level offenders, transferring small amounts of cash. However, organised, sophisticated money mule schemes have evolved as a [professional money launderer]... |
Blog“Tell Me About Yourself.” Employment Scammers Targeting PIIFebruary 27, 2020 by Verafin “While hiring scams have been around for many years, cyber criminals’ emerging use of spoofed websites to harvest [personally identifiable information] (PII) and steal money shows an increased level... |
BlogHeartbreaking: Romance Scams on the RiseFebruary 14, 2020 by Verafin “In 2018, confidence/romance fraud was the seventh most commonly reported scam to the [Internet Crime Complaint Centre (IC3)] based on the number of complaints received, and the second... |
Archived WebinarACAMS Webinar: Leveraging Big Data and Collaborative Investigations for Effective Fraud PreventionOriginally Presented: May 2, 2019 “This is by far the most useful webinar I have attended through ACAMS! Excellent presentation. I appreciate the use of current/modern day true crime cases to illustrate the point.” In... |
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... |
Feature SheetBSA/AML Compliance & ManagementFinancial institutions are facing rising compliance costs, increased regulatory scrutiny, and money laundering risks from sophisticated criminal organizations engaging in illicit activities such as human trafficking, drug trafficking and terrorist... |
