Elder financial exploitation isn’t just a fraud issue—it’s a public health and consumer protection crisis. With an aging population and increasing reliance on digital channels, older adults are being targeted more frequently, more aggressively, and often, more successfully by scammers and abusers.
June 13th, 2025
Automated Clearing House (ACH) transactions have become the backbone of modern banking, used for payroll, bill payments, government benefits and business-to-business transfers. The same speed and ubiquity that make ACH payments efficient, however, also make them a growing target for fraud.
June 13th, 2025
Card fraud is no longer confined to stolen wallets or skimmed ATMs. Today’s credit and debit card fraud is data-driven, digitally distributed and designed to outmaneuver even the most advanced defenses. For financial institutions, merchants and card networks, it’s a high-volume threat with high-velocity consequences.
June 12th, 2025
Behind nearly every high-dollar fraud scheme lies a network. These aren’t just one-off criminals—they’re organized groups working in tandem, with each actor playing a specialized role. From international cybercriminals to unwitting college students lured by the promise of quick money, these collusion-based networks are driving a significant portion of today’s financial crime.
June 12th, 2025
After navigating the lengthy and complex process of financial crime prevention, detection and investigation, compliance teams must determine whether the activity subject of the investigation is deemed suspicious, and if that is the case, draft and submit a regulatory report. In the U.S. this typically entails generating a Suspicious Activity Report (SAR): a formal report submitted to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN).
June 11th, 2025
The fraud landscape is constantly shifting. From cryptocurrency investment scams to pandemic-era government program abuse, financial institutions (FIs) are being challenged by schemes that fall outside traditional fraud definitions—but cause just as much harm.
June 10th, 2025
Wire and electronic funds transfer (EFT) fraud has become one of the most financially devastating threats in banking today. Fueled by sophisticated social engineering and the rise of Business Email Compromise (BEC), these attacks exploit the weakest point in many payment processes: trust
ActOne I Anti-Money Laundering I Communication Compliance I Enterprise Risk Case Management I Financial Crime I Financial Markets Compliance I Fraud Prevention I Insurance Insights I KYC I Professional Services I Technology
June 5th, 2025
The technology checklist that financial institutions (FIs) are researching as they prepare for ENGAGE, NICE Actimize’s industry event focused on fraud and financial crime, is likely quite extensive. To help narrow the focus, we’ve identified the top five categories and capabilities currently generating the most interest and inquiries.