Fraud Prevention Blog
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Fraud Prevention Tips (7)
Gary Satanovsky
ID Verification a Key Step in Anti Money Laundering
It is perhaps a sign of the times when the annual convention of anti-money laundering professionals draws a record attendance. This year, the...
Sean Trundy
New Account BSA Identity Theft Prevention Compliance
Scenario:A financial institution is opening a new branch, and is starting a major local PR blitz for new customer acquisition.Great incentives are...
Gary Satanovsky
"Know" Your Customer to Prevent Money Laundering
One of the biggest concerns of any financial institution – that is, any institution that routes payments between individuals / organizations, or...
Gary Satanovsky
Inside Money Laundering - Anti Money Laundering
The last several weeks have seen a number of noteworthy arrests for money laundering. A fugitive American, who pled guilty to money laundering...
Gary Satanovsky
ID Verification, Money Laundering and Regulatory Compliance
The last decade brought about a tumultuous change in financial institution regulations. Many pre-2000 “suggestions” or “guidelines” became hard...
Gary Satanovsky
Why Identity Fraud Persists Despite Regulation
If you read Part I of our blog series on identity fraud you almost surely remember the sum totals of the losses attributed to it - some $37 billion,...
Gary Satanovsky
Turning the Tide on Identity Fraud, Part I: The Costs
Gary Satanovsky
Online Gaming Networks: The New Front in Identity Theft Fight
Credit card processing servers. Poorly secured corporate networks. Point-of-sale terminals in gas stations and stores. These are just some of the...