Case management software can reduce months of processing case data to mere minutes. Gathering intelligence for a fraud investigation case can be a time-consuming and
According to the FinCEN Alert report, financial institutions have filed over 350,000 Suspicious Activity Reports (SARs) to FinCEN in 2021, a 23% increase over the
FinCEN has warned financial institutions about a surge in check fraud schemes targeting U.S. mail. Financial institutions filed over 680,000 SARs for check fraud in
Financial Investigation Automation Financial fraud investigation is one of the most difficult cases an examiner may have. One has to utilize extensive financial investigative methods
“You’re killing yourself. I have to protect you from you.”, said Mr. Hannibal Ware, the Small Business Administration’s inspector general, to his agents, limiting his
The Federal Trade Commission (FTC) revealed that fraud losses in the U.S. soared to an alarming $8.8 billion in 2022—a 30% spike from just a
The year 2022 saw a 23% jump in check frauds compared to the previous year; and if reports by the Financial Crimes Enforcement Network (FinCEN)
There is no doubt that we live in an age of digitization and work hard to cope with the demands of data organization. Every firm,
