Veriff’s Post

🔍 Understanding structuring vs smurfing in #moneylaundering. Although often confused, structuring and smurfing are distinct techniques used in money laundering. Structuring is the deliberate splitting of large sums into smaller transactions to avoid detection by authorities. This method is not only used for money laundering but also to evade #taxes or obscure the origin of funds. Smurfing takes structuring a step further. It involves using intermediaries, known as 'smurfs,' to deposit smaller amounts across multiple accounts at different #financialinstitutions, often under false identities or overseas. Smurfing is a common placement method in money laundering, making it difficult to link the smurfs, the deposits, and the ultimate beneficiaries. Once the funds are in the system, they're ready for layering, making the money even harder to trace. All financial institutions face the risk of such schemes. 📲 Get in touch to learn more about these techniques, the potential #legal consequences, and how Veriff’s technology helps detect and prevent them.

Mal podemos esperar para ouvir Julia Monteiro falar no evento Score Summit na próxima semana! 🤩 Eles cobrirão temas como integração, eficiência e prevenção de fraudes. 👋 Esperamos ver você lá! proScore.oficial #ScoreSummit2024 #InovaçãoEmpresarial #TransformaçãoDigital #FuturoDasEmpresas #InovaçãoTecnológica

Today is #WorldMentalHealthDay and the official theme set annually by the World Federation for Mental Health is: ✨ "It is time to prioritize mental health in the workplace." ✨ 💚 In recognition of this year's theme, we asked Veriffians to share the daily habits and tips they use to put themselves first. From morning walks and organizing tasks to taking intentional breaks for self-care, here are their insights on how they stay grounded, manage stress, and create space for their well-being during busy workdays. #mentalhealth #wellbeing #workplace #workplacewellness #dreamteam Neelima Bansal Berit Vals Jason Butler Ami Smith Nadeem S. Ann-Christiin Kerner Mo Chowdhury Mari Peedimaa Francesco Malvestio Angela González Fernández

🇺🇸 End users alone in the #UnitedStates could be losing $3.5 billion to #fraud each year... In the US, 1% of consumers reported losing more than $1,000 to fraud. If this trend holds across the world’s largest economy, it could translate to over $3.5bn in annual losses, Christopher Hooper, Global Director of Brand and Digital Content Marketing at Veriff, tells us. Discover more global data on #consumer attitudes toward fraud, risk, and digital identity in our new report (📲 visit our website to download it). #fraudprevention #riskmanagement #data #financialimpact

📦 Unboxing our Money20/20 prize 📦 Abe Post-Hyatt is back with some news to share...With just a couple of weeks until #Money2020USA, we’re excited to announce a giveaway for one lucky attendee! 🥂 Join us at Money20/20 in Las Vegas for a chance to win a [𝘚𝘗𝘖𝘐𝘓𝘌𝘙 𝘐𝘕 𝘛𝘏𝘌 𝘝𝘐𝘋𝘌𝘖]. 📌 How to enter: visit booth #11617 and scan your badge. We hope to see you there! 👋

We loved this insightful conversation hosted by Mehmet Gonullu and featuring our very own Hubert Behaghel! 👏 Some Monday motivation for you right here...👇 "Whether you're interested in AI, cybersecurity, or the evolving landscape of digital identity, this episode provides key insights from one of the industry’s leading technology minds." Establishing digital trust has become more essential than ever, especially with the rise of identity fraud and impersonation threats. 🎧 Listen to the full episode—link in the comments!

🛡️ Safeguard your business against #moneylaundering! Know Your Customer (#KYC) procedures are essential for any business that wants to accurately assess customer risk. These processes ensure that you know the identities of your customers and the potential risks they may pose to your organization. Veriff’s solutions not only help businesses meet #regulatory requirements but also go beyond compliance to enhance #security.

🤯 The largest recorded loss from a single email scam amounted to $47 million! Take our quiz to learn about the evolution of online scams; you might be surprised at just how long they’ve been around! 🔗 Unmask the biggest online scams: https://bit.ly/3XtiA7G #CybersecurityAwarenessMonth #fraud #scams #IDV #fraudprevention

#AI technology, including AI-generated images and AI-powered tools, is anticipated to significantly influence #political campaigns, enhance voter engagement, and potentially affect election outcomes...🇺🇸 Here are some frequently asked questions about AI and US political campaigns.