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The World Cup: A magnet for financial crime

The World Cup: A magnet for financial crime

From harmless wagers to global crime in sports betting

From harmless wagers to global crime in sports betting

ACAMS celebrates AFC professionals with ACAMS Awards

ACAMS celebrates AFC professionals with ACAMS Awards

AML/AFC trends in 2025 and emerging topics for 2026

AML/AFC trends in 2025 and emerging topics for 2026

The end of the “de minimis” exemption: Strengthening U.S. trade controls

The end of the “de minimis” exemption: Strengthening U.S. trade controls

Fraud trends in 2026: What to expect

Fraud trends in 2026: What to expect

June – August 2024

Student Immigration Scams in Canada―and Globally
Fraud, Fraud Alert, Global Financial Crime Review, June – August 2024

Student Immigration Scams in Canada―and Globally

June 14, 2024June 26, 2024 /Leave a comment
Whether it is from war-torn countries or other parts of the globe, Canada is a desired destination for international students. Canada’s reputation for research and development, exceptional university research regimes, as well as a safe and inclusive environment make it a preferred destination for the...
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The Connection Between Data Scraping and Cybercrimes
Fraud, Fraud Alert, June – August 2024

The Connection Between Data Scraping and Cybercrimes

June 14, 2024June 14, 2024 /Leave a comment
We live in the age of the data economy. The demand for data is increasingly high, and the ability to obtain it has become a lucrative business of its own. Personal data is used by all for many purposes, and it seems that without data,...
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Synergy Between Fraud and BSA
ACAMS Connection, Fraud, Fraud Alert, June – August 2024

Synergy Between Fraud and BSA

June 14, 2024June 26, 2024 /1 Comment
In my previous shop, I had the pleasure of working in an organization where fraud and Bank Secrecy Act (BSA) were separate teams but reported up through a chief anti-money laundering (AML) officer. I was assigned to the fraud side of the house, where my...
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European Football
Europe Express, June – August 2024, World Digest

European Football Clubs Under AFC Regulation

June 14, 2024June 14, 2024 /Leave a comment
It does not take an expert in football (or soccer, as it is known in some parts of the world) to recognize that the sport has a corruption problem. From the widely reported 2015 FIFA corruption scandal to the controversial awarding of the FIFA World...
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Combating AI
Compliance, June – August 2024

Combating AI-Backed Financial Crime With AI

June 14, 2024 /Leave a comment
When it comes to artificial intelligence (AI), it is important to understand what it encompasses. It starts fairly simple―with robotics, then machine learning (which is nothing other than training a computer to follow a certain sequence or recognize patterns based on algorithms). The next stage...
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Community Banks United: Building a Task Force
Community Banking Corner, June – August 2024

Community Banks United: Building a Task Force

June 14, 2024 /Leave a comment
The scope of what is considered a “community bank” varies depending on with whom you speak. The Federal Reserve considers institutions with less than $10 billion in assets to fit the description of a community bank. However, smaller institutions have some challenges that larger institutions...
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How BOI Reporting Aids Law Enforcement Investigations
AFC Challenges, Badge Bulletin, June – August 2024

How BOI Reporting Aids Law Enforcement Investigations

June 14, 2024August 7, 2024 /Leave a comment
The involvement of corporations in fraudulent activities and financial crimes for their own benefit or for the benefit of an external party is not a new phenomenon. Some of the most common types of fraud and financial crimes in which corporations take part include money...
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Bank Looters
AFC Challenges, June – August 2024

Bank Looters

June 14, 2024 /Leave a comment
The weather has started to change, and we are seeing the first hints of fall―rain, wind, political ads and corruption. Chicago is known as the “windy city,” and it is well known that the nickname was originally bestowed upon the city not because of the...
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CSAM and the Role of Cryptocurrency
AFC Challenges, June – August 2024

CSAM and the Role of Cryptocurrency

June 14, 2024 /Leave a comment
Online platforms using cryptocurrency as a method of payment to purchase child sexual abuse material (CSAM) have almost doubled every year since 2015, according to the Internet Watch Foundation (IWF).1 This trend can be attributed to the apparent migration of traditional payment systems over time―such...
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The economics of sushi and fentanyl
AFC Challenges, Exclusive, June – August 2024

The Economics of Sushi and Fentanyl

June 14, 2024 /Leave a comment
Sushi is now available everywhere, from grocery stores to high-end gourmet restaurants. Not long ago, it was only found in specialty restaurants. What is less known about sushi’s rise in popularity is that spicy green condiment―often part of the recipe and commonly referred to as...
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ACAMS is the largest membership organization dedicated to enhancing the knowledge and skills of financial crime detection and prevention professionals worldwide. Its CAMS certification is the most widely recognized anti-money laundering certification among compliance professionals. Visit the ACAMS website at www.acams.org.

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