Play Offense Against Check Fraud by Leveraging the Dark Web

Cryptocurrency offers the prospect of cheaper, faster money transfers but volatility and market pressure are far more prominent in the virtual asset ecosystem. Governments around the world have ramped up their efforts to design, implement, and enforce both new and existing laws and regulations to combat use of cryptocurrency in financial crimes.

For financial institutions, it’s all about risk management. Virtual Asset Service Providers (VASPs) are under extreme pressure to establish strong KYC and AML processes, because failure risks their good reputation.

Issuing banks face significant transaction counterparty risks from customers interacting with high-risk crypto exchanges. And acquirers of specialty merchants involved in crypto activity must understand who they’re doing business with and what can be expected of their activities.  

Find out what you need to know in this webinar. CipherTrace, and NICE Actimize experts will discuss:

• What are current crypto trends and regulations
• How you can turbocharge your crypto awareness, and enhance compliance
• What your institution should consider when establishing your 2023-2024 crypto risk mitigation strategy