Trendspotting: From Crypto Scams to Human Trafficking and Beyond
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Verafin has uncovered unique insights into the scope of wire fraud, including prominent schemes such as Business Email Compromise (BEC) and romance scams, through analysis of our immense data set in the Cloud. With more than a billion transactions each week, and anonymized data from over 2200 financial institution customers, Verafin harnesses big data intelligence to identify examples of true fraud in the Cloud, allowing you to assess the risk of fraud for your customers and your institution.
Cloud Insights Report 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, financial institutions must consider how wire fraud trends are evolving in the industry, and why solutions leveraging consortium analytics are essential to prevent loss.
Download our latest, complimentary Quarterly Cloud Insights: Wire Fraud Benchmarking Report Q4 2022 to discover how wire fraud is evolving, and may be affecting your customers.
Navigating the Rising Challenge of Human Trafficking
Financial institutions are in a unique position to help interrupt and stop human trafficking. By following the money and connecting the story behind the scenes, investigators can uncover illicit proceeds, identify perpetrators, protect potential victims, and ultimately prevent this heinous crime.
Join us on January 25, 12:30 PM EST for this educational webinar to learn about the scale of human trafficking activity, key crime trends, and the impact on victims.
Anatomy of a Crypto Hack
At Verafin, we’ve been tracing the flow-of-funds related to the FTX hack using our blockchain forensics and charted the course of the hackers. We know that focusing primarily on blockchain monitoring and wallet risk leaves your company at risk of significant losses. Without the full picture of both crypto and fiat, criminals can easily conceal their corrupt activity.
Read our new blog, Anatomy of a Crypto Hack: Digital Funds, Real-World Consequences, where we examine the FTX hack, and consider how Verafin’s solution, the world’s only all-in-one platform for crypto companies, can protect your business from potentially suspicious behavior and prevent serious losses.
Quarterly Cloud Insights Uncovered Q4 2022
Join industry-leading anti-financial crime experts as they reveal results of trend analysis of an immense set of anonymized data from financial institutions in the Verafin Cloud, representing $4T in collective assets.
This insightful webinar will include highlights from our Wire Fraud Benchmarking Report for Q4 2022, featuring valuable insights and benchmarking data on wire payments. Our experts will take a deep dive into the evolving threat from wire fraud, including emerging trends and typologies, findings for key segments and more.
Counterparty Resolution - A Complete View of Your Customer
Investigations dependent on conventional systems struggle to perform efficiently, often producing a high number of false positives and overburdening investigators. Counterparty enrichment and resolution allows investigators to analyze the connections between related entities to identify relationships and better determine customer risk.
In this blog, learn how Verafin applies a data-driven and holistic approach to provide investigators with a robust picture of a customer's activity, relationships, and interactions all within a single system of record, saving time and providing valuable insights into investigations.
Stay connected on the latest fraud trends with Verafin Cloud Insights.