2024 Fraud Trends & Technology

Originally Presented: December 11, 2024

In this special session Product Expert Corey Lynch and Head of Product Marketing for Fraud Susan Park explore the financial crime management challenges of 2024,... 

Protecting your Institution from Evolving Payments Fraud Risk

Payments fraud is constantly evolving. Understanding the risk across payment rails can help protect your customers and your institution. This slide deck examines: The pervasiveness... 

Protecting your Institution from Evolving Payments Fraud Risk

Originally Presented: October 31, 2024

Payments fraud is constantly evolving. Understanding the risk across payment rails can help protect your customers and your institution. In this on-demand webinar, Head of... 

One Year, New Partnership – Immediate Results: A Nasdaq Verafin Success Story

Faced with mounting Business Email Compromise (BEC) wire fraud scams, a southeastern regional bank was dealing with significant losses and reputational damage. Nasdaq Verafin’s Wire... 

Combating ACH Fraud with a Consortium Approach

September 24, 2024 by Nasdaq Verafin

The Automated Clearing House (ACH) payment rail has seen significant growth, with the NACHA network processing 30 billion payments valued at $76.7 trillion in 2022, up 3% and 5.6% respectively over 2021. This growth has gained unwanted attention from fraudsters,... 

Combating Payments Fraud with Consortium Analytics

September 12, 2024 by Nasdaq Verafin

In 2023, losses to payments fraud scams totaled hundreds of billions of dollars worldwide. An evolving challenge, it has proliferated across multiple payment rails as criminals exploit the inherent weaknesses of these channels, manipulating customers through social engineering, and exploiting... 

Enhanced Payments Fraud Detection using Consortium Analytics

Payments fraud is changing. Fraudsters are focusing their efforts on having your customers send a payment, rather than do it themselves. The result is an... 

Fight Payment Fraud & Adapt to Shifting Fraud Liability

Preventing Payments Fraud

July 24, 2024 by Colin Parsons

In 2023, losses from payments fraud scams totaled $485.6B worldwide. With a perfect scenario of high-value transactions combined with a narrow window of opportunity for institutions to intervene, payments fraud scams will only continue to challenge financial institutions unless our... 

Pushing Back: The UK’s Response to Authorized Push Payment Fraud

July 17, 2024 by Nasdaq Verafin

On October 7, financial institutions and regulators around the world will be watching closely as the United Kingdom (UK) embarks on a new frontier of fraud mitigation and consumer protections.   In a global economy experiencing increasing bank and consumer fraud...