TOPIC: Verafin

Webinar - 1 CAMS Credit | 2020 Crime Trends & Technology: A Year in Review - Join us Dec 3

Webinar
December 03 at 12:30 PM - 01:30 PM EST
2020 Crime Trends & Technology: A Year in Review
What’s on the Horizon for Fraud & BSA/AML in 2021?
A Special Presentation by Verafin Industry Experts

1 CAMS credit

Register Now

From the unprecedented impact of the COVID-19 crisis to the historic 50-year anniversary of the BSA, 2020 has been a defining year in financial crime management. With year-end approaching, now is the time to reflect on lessons learned and the road ahead for 2021.

Join us for a special CAMS-accredited, year-end webinar as experts discuss key trends from 2020, such as COVID-19-related fraud schemes, online account takeover, and recent industry calls to modernize the BSA/AML regime, as well as potential challenges for 2021 and the role of technology in mitigating financial crime.

Register Now

Verafin will provide attendees with a certificate of attendance for 1 CAMS Credit. Attendees are responsible for submission of the certificate and reporting of credits to ACAMS.

    Demonstration | BSA/AML Compliance, Fraud Detection & High-Risk Customer Management - Join us Dec 9

    Demonstration
    December 09 at 12:30 PM - 01:30 PM EST
    BSA/AML Compliance, Fraud Detection & High-Risk Customer Management
    A Consolidated Financial Crime Management Platform

    Register Now


    Conventional approaches to financial crime management are now largely ineffective, with opportunistic criminals outsmarting inefficient manual processes and disparate point solutions. As fraudsters gain momentum, a cloud-based platform that evolves alongside criminal trends and provides holistic insights is more important than ever.

    Join us for an engaging overview of Verafin’s cloud-based, consolidated Financial Crime Management platform — a complete solution to detect, investigate and report financial crime. Our expert presenters will explore the power of Verafin’s big data intelligence approach, highly targeted detection scenarios enriched with open-source and third-party data, cross-institutional analysis, and collaboration through the Cloud.

    Register Now

      Webinar - 1 CAMS Credit | 2020 Crime Trends & Technology: A Year in Review - Join us Dec 3

      December 03 at 12:30 PM - 01:30 PM EST
      2020 Crime Trends & Technology: A Year in Review
      What’s on the Horizon for Fraud & BSA/AML in 2021?
      A Special Presentation by Verafin Industry Experts

      1 CAMS credit

      Register Now

      From the unprecedented impact of the COVID-19 crisis to the historic 50-year anniversary of the BSA, 2020 has been a defining year in financial crime management. With year-end approaching, now is the time to reflect on lessons learned and the road ahead for 2021.

      Join us for a special CAMS-accredited, year-end webinar as experts discuss key trends from 2020, such as COVID-19-related fraud schemes, online account takeover, and recent industry calls to modernize the BSA/AML regime, as well as potential challenges for 2021 and the role of technology in mitigating financial crime.

      Register Now

      Verafin will provide attendees with a certificate of attendance for 1 CAMS Credit. Attendees are responsible for submission of the certificate and reporting of credits to ACAMS.

        Demonstration | BSA/AML Compliance and Management - Join us Nov 10

        November 10 at 12:30 PM - 01:30 PM EST
        BSA/AML Compliance and Management
        Uncover Suspicious Activity & Strengthen Compliance

        Register Now

        Today, there is enormous pressure on compliance professionals to uncover potential money laundering and keep ahead of changing regulatory requirements. The need to reduce false positives and generate higher quality alerts is critical for a proactive view of suspicious activity and to enhance your institution’s ability to detect, investigate and report it.
         
        Join us as we demonstrate how Verafin’s end-to-end BSA/AML Compliance and Management software uses a big data intelligence approach, leveraging artificial intelligence and machine learning to proactively alert you to a wide range of suspicious activity. See how your institution can have a complete view with enterprise case management and reporting, along with threshold testing and performance management for added confidence in examinations — all in a single, consolidated platform.

        Register Now

          Infographic | Challenges & Change in the COVID-19 Crisis - Download Now

          Infographic
          Challenges & Change in the COVID-19 Crisis
          The impact of the pandemic on financial institutions’ fraud and BSA/AML compliance programs

          Download Now


          From remote work to surging first-time online banking users, the COVID-19 pandemic has had a widespread impact on customer behavior and compelled institutions to adopt new business-as-usual processes. However, these changes have also amplified the challenges for financial crime management programs at institutions of all asset sizes.

          This convenient infographic highlights the significant challenges and change facing the industry during the COVID-19 crisis.

          Download Now

            Blog | Money Mules Moving Illicit Proceeds from COVID-19-Related Crimes

            Blog
            Money Mules Moving Illicit Proceeds from COVID-19-Related Crimes
            Criminal Networks Put Mules to Work to Complicate Money Trails During Crisis

            June 11, 2020 by Verafin

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            From economic stimulus payments to unemployment benefits, the COVID-19 crisis is creating historic opportunities for fraud. With millions of dollars stolen to date, financial institutions must collaborate to shut down money mules disguising illicit activity and channeling funds across institutions for criminals and their networks.

            Read our blog to learn more about sophisticated mule schemes during the pandemic, from the recruitment of mules with fraud scams to their use by international criminal networks.

            Register Now

              Demonstration | Human Trafficking Detection with Targeted Analytics - Join us Nov 18

              November 18 at 12:30 PM - 01:30 PM EST
              Human Trafficking Detection with Targeted Analytics
              Technology Solutions to Protect Victims, Uncover Traffickers, and Detect Front Companies

              Register Now


              Verafin’s Financial Crime Management platform incorporates third-party and open-source data to enrich its targeted AML agents, including analysis of millions of adult online advertisements for human trafficking detection. By cross-referencing emails and phone numbers in adult ads, you are alerted to potential victims, traffickers and front companies within your customer base.

              Join us for an overview of Verafin’s human trafficking detection solutions, and a discussion on best practices for investigation. Learn how information sharing technology helps financial institutions work together to detect, investigate and report human trafficking activity.

              Register Now

                Demonstration | Online Banking & Digital Fraud: A Consolidated, Cross-Channel Solution to Prevent Losses - Join us Nov. 4

                November 04 at 12:30 PM - 01:30 PM EST
                Online Banking & Digital Fraud: A Consolidated, Cross-Channel Solution to Prevent Losses
                Protect Wire, ACH, and Mobile Deposit Channels with Speed and Confidence

                Register Now


                From mobile deposit fraud to unauthorized P2P transfers, opportunistic criminals are targeting digital channels to inflict massive losses. As more and more customers migrate to online banking, financial institutions must consider how a consolidated approach can mitigate fraud on digital and online channels, and proactively protect customers from loss.

                Join us for an in-depth product demonstration as engaging experts demonstrate how Verafin’s Fraud Detection and Management solution combats fraud across digital channels, evolving alongside emerging trends, and providing rich insights and real-time monitoring.

                Register Now

                  Demonstration | Online Banking & Digital Fraud: A Consolidated, Cross-Channel Solution to Prevent Losses - Join us Nov 4

                  November 04 at 12:30 PM - 01:30 PM EST
                  Online Banking & Digital Fraud: A Consolidated, Cross-Channel Solution to Prevent Losses
                  Protect Wire, ACH, and Mobile Deposit Channels with Speed and Confidence

                  Register Now


                  From mobile deposit fraud to unauthorized P2P transfers, opportunistic criminals are targeting digital channels to inflict massive losses. As more and more customers migrate to online banking, financial institutions must consider how a consolidated approach can mitigate fraud on digital and online channels, and proactively protect customers from loss.

                  Join us for an in-depth product demonstration as engaging experts demonstrate how Verafin’s Fraud Detection and Management solution combats fraud across digital channels, evolving alongside emerging trends, and providing rich insights and real-time monitoring.

                  Register Now

                    Webinar - 1 CAMS Credit | Banking Cannabis-Related Businesses: Marijuana, Hemp and CBD - Join us October 19

                    October 19 at 12:30 PM - 01:30 PM EST
                    Banking Cannabis-Related Businesses: Marijuana, Hemp and CBD
                    Regulatory and Due Diligence Considerations for BSA/AML and Risk Management Programs

                    Register Now


                    The burgeoning U.S. cannabis industry is subject to a complex regulatory compliance landscape, with laws differing from coast to coast, at state and federal levels, and varying between marijuana-related businesses (MRBs), CBD-related businesses, and hemp-related businesses. As profits flourish, financial institutions are facing significant regulatory uncertainty regarding the risks and rewards of banking cannabis-related businesses (CRBs).

                    Join Jim Richards, former BSA Officer at Wells Fargo, Heather Allen, First Vice President and BSA Officer at Peoples Bank, and Corey Lynch, Product Expert at Verafin, as they discuss the intricacies of banking CRBs. From informative industry perspectives to the latest developments, these speakers will keep you informed of the importance of effective procedures for segmenting and periodically reviewing CRBs with a risk-based approach that aligns with your institution’s risk appetite.

                    Highlights from this CAMS-accredited webinar include:
                    • Background on the scale of the cannabis industry, how derisking impacts the U.S. financial system, and the potential BSA/AML risks of this high-risk customer category.
                    • An overview of recent industry guidance and compliance obligations surrounding CRBs.
                    • A discussion regarding the challenges of customer due diligence for high-risk customers, including segmentation, risk assessment and scoring, monitoring, and managing risk reviews for CRBs.
                    • A discussion on the role of data and technology to improve customer due diligence, risk management and compliance processes for CRBs.
                    Register Now

                    Verafin will provide attendees with a certificate of attendance for 1 CAMS Credit. Attendees are responsible for submission of the certificate and reporting of credits to ACAMS.

                      Demonstration | End-to-End High-Risk Customer Management & CDD/EDD - Join us Oct 28

                      October 28 at 12:30 PM - 01:30 PM EST
                      End-to-End High-Risk Customer Management & CDD/EDD
                      Segmentation, Stratification, Surveillance & EDD Workflows for High-Risk Customers

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                      High-risk customer management is a significant challenge for financial institutions, and conventional Customer Due Diligence/Enhanced Due Diligence (CDD/EDD) approaches often result in process inefficiencies, increased costs, and potential gaps in compliance programs.

                      Join our engaging product experts for an in-depth demonstration of Verafin’s end-to-end High-Risk Customer Management solution, including identification and segmentation of high-risk customers, risk stratification, ongoing customer surveillance and EDD workflows.

                      Register Now

                        Webinar | Employee Fraud: Understanding the Threat from Within - Join us Oct 21

                        October 21 at 12:30 PM - 01:30 PM EST
                        Employee Fraud: Understanding the Threat from Within
                        The role of monitoring in reducing the reputational and financial risks of internal fraud

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                        As financial institutions continue to strengthen their fraud detection solutions to protect themselves from evolving external threats, it is imperative that they do not overlook the threat from within. Financial institutions are especially vulnerable to employee fraud, as fraudsters within the organization have access to large amounts of personal identification information and financial transaction data, along with access to customer accounts.
                         
                        Join us for this engaging presentation, as we discuss the financial and reputational risks, as well as potential compliance concerns, of employee fraud. Learn about the tactics used by internal bad actors and best practices to mitigate losses, including how appropriate monitoring can alert institutions to fraudulent activity by employees.

                        Register Now

                          Infographic | 10 Tips for Financial Crime Management during the COVID-19 Crisis - Download Now

                          Infographic
                          10 Tips for Financial Crime Management during the COVID-19 Crisis

                          Download Now


                          From pervasive fraud scams and counterfeit checks to devastating Business Email Compromise attacks, financial crime management teams are under immense pressure to combat emerging crime and prevent losses during the COVID-19 pandemic.

                          Download our informative infographic, developed in partnership with our 3000 financial institution customers, to learn 10 essential tips to address the growing fraud and AML challenges amidst COVID-19.

                          Download Now

                            Demonstration | Preventing Losses from Check Kiting and Check Fraud Schemes - Join us Oct 14

                            October 14 at 12:30 PM - 01:30 PM EST
                            Preventing Losses from Check Kiting and Check Fraud Schemes
                            Detecting fraudulent in-clearing checks

                            Register Now


                            Despite the rise of online banking products, criminals continue to exploit traditional transaction channels for fraudulent activity. Checks are particularly vulnerable, as customers and institutions can be victimized by stolen checks, counterfeit checks, or elaborate check kiting schemes.     

                            Join us for a demonstration of Verafin's Fraud Detection and Management solution that leverages machine learning, image analysis and Optical Character Recognition (OCR) to help detect fraudulent checks and reduce false positive alerts. In this presentation, we will demonstrate Verafin’s targeted fraud detection scenarios including Stolen/Counterfeit Checks, Duplicate Check Number, Fraudulent Cluster, Sequence Number Jump, and Check Kiting.

                            Register Now