Enhanced Payments Fraud Detection using Consortium-based Data

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... 

Preventing Payments Fraud Loss: The Power of a Consortium-Based Approach

September 8, 2022 by Nasdaq Verafin

Payments fraud is changing, and financial institutions are facing major challenges effectively managing the growing volumes of legitimate and fraudulent transactions. Meanwhile, fraudsters are focusing their efforts on Authorized Push Payment (APP) scenarios such as Business Email Compromise (BEC), and... 

Rising U.S. & International Wire Fraud Threats

July 29, 2022 by Nasdaq Verafin

The high dollar value and irrevocable nature of many wire transfers make them inherently risky and a prime target for criminals. With fraudsters unrelenting, financial institutions must remain informed of growing wire fraud threats, both domestically and internationally.  Our experts... 

Preying on the Vulnerable

July 8, 2022 by Nasdaq Verafin

In the fight against financial crime, change is perhaps the only constant. As financial institutions implement more robust controls against schemes such as wire fraud, criminals respond by evolving their tactics and increasing efforts against more vulnerable customer segments. In... 

Highlights from the Cloud

Gain unparalleled perspective on wire fraud trends across the industry with Verafin’s complimentary infographic – Highlights from the Cloud: Wire Fraud Insights Q2 2022. Discover the findings... 

Real-Time Wire Fraud Detection

The dollar value and international nature of many wire transfers make them inherently risky. With criminal wire fraud schemes such as Business Email Compromise (BEC)...