Elder Financial Exploitation: Red Flag Indicators

Each year, countless American seniors are exploited by criminals preying on their vulnerability and accumulated wealth. With Elder Financial Exploitation rampant and on the rise,... 

Fraud Trends and Technology 2022

January 30, 2023 by Colin Parsons

Fighting Corporate Crime 

Fraudsters will exploit every opportunity for their gain, including targeting corporate customers through elaborate wire fraud scams, deception, and manipulative tactics. In this anonymized case... 

Fraudsters Focusing on Higher Value Wire Scams

January 18, 2023 by Nasdaq Verafin

Payments fraud is an increasingly complex threat to financial institutions and consumers alike. As wire fraud attempts surge against individuals, especially for seniors, there is a growing debate surrounding mandatory victim reimbursements for Authorized Push Payment (APP) fraud. With a... 

Quarterly Cloud Insights Q4 2022

Payments fraud is an increasingly complex threat to financial institutions and consumer customers alike. As potential liability shifts loom with possible implications for wire payments,... 

2022 Fraud Trends & Technology

With the continuing rise in digital banking and increased demand for consumer convenience, 2022 has seen significant challenges as fraudsters capitalized on opportunities to exploit... 

2022 Fraud Trends & Technology

Originally Presented: December 8, 2022

With the continuing rise in digital banking and increased demand for consumer convenience, 2022 has seen significant challenges as fraudsters capitalized on opportunities to exploit... 

Improve Efficiency of Anti-Financial Crime Investigations with Counterparty Data

Originally Presented: November 10, 2022

Data is key to Anti-Financial Crime (AFC) investigations, but all too often the information is siloed rather than shared – limiting its value to investigators... 

12 Red Flags for Elder Financial Exploitation

November 9, 2022 by Colin Parsons

“Financial institutions serve on the frontlines in protecting their older customers’ finances, and can play a critical role in helping to identify, prevent, and report suspected elder financial exploitation. Financial institutions’ vigilance matters. Their reporting matters.” – Himamauli Das, FinCEN... 

Liable? Consortium Solutions to Payments Fraud Change

October 28, 2022 by Nasdaq Verafin

Payments fraud is a major challenge across the financial industry — and with it has grown a significant call for legislative change. Concern over consumer-focused Authorized Push Payment (APP) scams has prompted proposals for mandatory victim reimbursement in the United...