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  Event: Demo

Elevate your Efficiency: Verafin’s All-in-One Anti-Financial Crime Platform for Crypto Companies

February 23 at 02:00 PM - 03:00 PM EST

Crypto companies face significant anti-financial crime challenges. From meeting compliance requirements, to managing evolving sanctions risks and monitoring blockchain and fiat for suspicious activity, staying... 


Sanctions Screening

Keeping pace with sanctions compliance regulations is a challenge for crypto companies. Without an OFAC-approved sanctions compliance program, your business is at risk of significant penalties and... 


Keeping your Crypto Company Compliant: The Need for Consolidated Sanction Solutions

December 6, 2022 by Verafin

Cryptocurrency has developed an increasingly prominent role in the global economy. The perceived pseudo-anonymity of blockchain transactions and an evolving regulatory landscape has emboldened criminals to leverage cryptocurrency in attempts to evade sanctions. The Office of Foreign Assets Control (OFAC)... 

  Archived Webinar

A Risk-based Approach to Sanctions Compliance

Originally Presented: July 27, 2022

An effective sanctions screening program that meets the growing complexities of sanctions compliance is essential for financial institutions. Relying on legacy and disparate systems across... 


Sanctions Evasion

Amid the ongoing Russian invasion of Ukraine, financial institutions are facing considerable challenges as bad actors employ tactics and schemes for sanctions evasion. With industry... 


Managing the Growing Complexities of Sanctions Risk

May 9, 2022 by Verafin

The Russian invasion of Ukraine and the subsequent escalation of the Russian-Ukrainian war has been met with condemnation and resulted in severe economic sanctions from governments across the globe. Sanctions are crucial to enforce foreign policy objectives and deter criminal... 


Sanctions Screening

Financial institutions are facing increased expectations to employ a risk-based approach to sanctions compliance. As lists constantly evolve and the risks of non-compliance increase, conventional... 

  Feature Sheet

Sanctions Screening and Management

In an increasingly complex sanctions regime, financial institutions face mounting expectations to identify high-risk entities, mitigate sanctions risks, and prevent sanctions evasion. High volumes of... 


U.S. Court Case: 60 Funnel Accounts Used by Heroin Trafficking Organization

September 27, 2017 by Denise Hutchings

“Narcotics traffickers will attempt to create elaborate financial networks in an effort to launder illegal drug proceeds.” (James Dorsey, Acting Special Agent in Charge IRS Criminal Investigation, June 2017) Heroin Trafficking Organizations Targeted by OFAC In May 2017, Treasury Secretary... 

  Case Study

Bringing it all Together

Tropical Financial Credit Union  •  Headquarters: Pembroke Pines, FL Assets: $939M  •  Core Banking System: Fiserv Spectrum   “When your compliance processes are manual you...