Detecting and Preventing New Scams: Fighting Money Laundering Schemes
With this rampant surge of fraudulent schemes hitting the world at the moment a more dynamic and holistic approach to detection and prevention is mission-critical for banks and regulators.
In this E-book Lisa Wyver and Gerard McDonnell looked at the source of these scams, highlighted the relationship between fraud attacks and subsequent money laundering schemes, and explained how “joining the dots” between them dramatically improves the fraud detection rate for banks and identifies money launderers with unprecedented accuracy
Download this E-book and learn:
- New fraud schemes and how they work
- Why fraud and anti-money laundering departments often work in silos and the problems this separation creates
- How financial institutions can better join the dots for more effective scam detection
