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# Velocity FinCrime Solutions Suite

## Sitemaps
[XML Sitemap](https://velocityfss.com/sitemap_index.xml): Includes all crawlable and indexable pages.

## Posts
- [Explainable and AI in AML Software: A Practical Guide for 2026](https://velocityfss.com/blog/explainable-and-ai-aml-software/):  AI used in AML software must be able to justify its decisions to examiners, not merely make them. Here’s what explainability means in practice, and how to evaluate it during vendor selection. 
- [Why Velocity’s Annual Churn Stays Under 1% ](https://velocityfss.com/blog/why-velocitys-annual-churn-stays-under-1/): Velocity was designed by AML and fraud SMEs who've sat in compliance seats and answered to regulators. That shapes the product in ways that don't always show up on a feature comparison sheet.   
- [FRAML Organization Models: What Actually Works in 2026 and Beyond](https://velocityfss.com/blog/framl-organization-models-what-actually-works-in-2026-and-beyond/): I've been in financial crime long enough to see every flavor of "integration" promise the moon and then quietly implode. Right now, the industry is obsessed with FRAML. Mixing fraud and AML teams together to stop the duplicate alerts, missed mules, and endless manual rework.
- [FRAML: The Future of Financial Crime Prevention or Just Another Buzzword?](https://velocityfss.com/blog/framl-the-future-of-financial-crime-prevention-or-just-another-buzzword/): FRAML: The Future of Financial Crime Prevention or Just Another Buzzword?
- [Why Is There a Real Need for Real-Time Payments Fraud Prevention?](https://velocityfss.com/blog/why-is-there-a-real-need-for-real-time-payments-fraud-prevention/): Why Is There a Real Need for Real-Time Payments Fraud Prevention?
- [The Rise of AI in Fighting Financial Crime: Hype vs. Reality](https://velocityfss.com/blog/the-rise-of-ai-in-fighting-financial-crime-hype-vs-reality/): Financial crimes are on the rise and becoming more sophisticated and harder to detect. In short, fraudsters are evolving faster and also becoming tech-savvy. From money laundering networks using shell companies to AI-generated deepfakes, criminals are leveraging tech more than ever.
- [How Banks Can Prevent Pig Butchering Scams?](https://velocityfss.com/blog/how-banks-can-prevent-pig-butchering-scams/): $75 billion - that’s the total pig butchering scammers have stolen from victims globally, between 2020 to 2024.  
- [Balancing Innovation with Caution: The Role of AI in Financial Services](https://velocityfss.com/blog/balancing-innovation-with-caution-the-role-of-ai-in-financial-services/): The Double-Edged Sword of AI in Financial Services
- [Key Insights from the Financial Services Forum PR 2024: A Glimpse into Puerto Rico’s Financial Future](https://velocityfss.com/blog/key-insights-from-the-financial-services-forum-pr-2024-a-glimpse-into-puerto-ricos-financial-future/): The Financial Services Forum PR 2024 provided a rich opportunity to dive into the latest economic, regulatory, and technological trends shaping the financial landscape in Puerto Rico and beyond. From in-depth conversations on tax laws to discussions about artificial intelligence and compliance, the two-day event covered a wide range of topics critical to the future of financial services on the island. Here are the main takeaways from the event.
- [ACAMS 2024: Insights and Takeaways for the Fincrime Industry](https://velocityfss.com/blog/acams-2024-insights-and-takeaways-for-the-fincrime-industry/): As the dust settles from another exciting and informative ACAMS Las Vegas conference, I’ve had time to reflect on some of the key insights and takeaways from the sessions I attended. This year, the focus was clear: institutions must be agile and collaborative to thrive in an ever-evolving regulatory landscape. The discussions were packed with valuable lessons for everyone involved in fighting financial crime.
- [AML In the Gaming Industry](https://velocityfss.com/blog/aml-in-the-gaming-industry/): Various money laundering tactics are used to convert funds from illegal activities to legal money via gaming or gambling. And this is why now, more than ever, AML in the gaming industry has become crucial.
- [The Rise of Pig Butchering Scams – What You Need to Know Now](https://velocityfss.com/blog/pig-butchering-scams/): If you are a financial institution looking to safeguard your operations and prevent fincrimes like Pig Butchering scams, try Velocity – the ultimate FinCrime Solutions Suite. From fraud detection and crypto monitoring to AML transaction monitoring, Velocity can help you quickly detect and prevent fincrime activities and safeguard your financial institution.
- [Checkmate on Check Fraud: Why It’s Rising in 2024 and Why You Should Care?](https://velocityfss.com/blog/checkmate-on-check-fraud-why-its-rising-in-2024-and-why-you-should-care/): Well, it’s because of the emerging innovative fraud techniques, targeting checks: Check Fraud.
- [The Art World is Ripe for Regulation & Compliance, But Will it Comply?](https://velocityfss.com/blog/the-art-world-is-ripe-for-regulation-compliance-but-will-it-comply/): A bill designed to regulate the world of art and antiquities entitled, The Enablers Act, was introduced last year and passed a House vote, but then quietly died on the Senate floor in December. It is not the last we will see or hear of this bill, or something very similar, and that is because the art world’s days of operating as a washing machine for the wealthy and the corrupt are coming to an end. The United States government has had enough of the art world’s rampant tax evasion and will soon impose compliance on the market, one way or another.
- [How Today’s FinCrime Technology Disrupts Criminal Profit Streams](https://velocityfss.com/blog/how-todays-fincrime-technology-disrupts-criminal-profit-streams/): According to the US Department of Justice, Connor Pennington, of Washington DC, pleaded guilty on January 30 to laundering roughly $3.5 million, which was generated by the illegal sale of marijuana. Pennington was the CEO of a company called JointVentures, which operated under the name “Joint Delivery” and served as a delivery service for a variety of cannabis products, including pot, vape cartridges, wax, and edibles. The natural reaction to hearing this news without diving deeper is surprise, as JointVentures sounds like a legit cannabis business conducting legitimate business. The problem? JointVentures was never licensed as a medical marijuana dispensary in any state or in the District of Columbia, where cannabis is legal
- [Nationwide Weed Trafficking & Money Laundering Ring Busted](https://velocityfss.com/blog/nationwide-weed-trafficking-money-laundering-ring-busted/): Cannabis is a growth industry that is in dire need of banking services, but minus a federal-level approval to legalize (and regulate) the drug for recreational use that won’t happen. The nation’s big banks are not going to take that risk, even if they are ready to. Federal legalization of cannabis would launch a pre-orchestrated move by the nation’s banking system to quickly integrate with the cannabis industry, and generate a collective sigh of relief from dispensary owners who are tired of dealing in cash and the crimes associated with it.
- [2022 Year in Review: FinCrimes & Compliance](https://velocityfss.com/blog/2022-year-in-review-fincrimes-compliance/): 2022 was a banner year for money launderers and financial crooks. In an effort to provide my readers with the year’s top compliance and crime related news I pulled out the top news from each month in 2022, and laid it out below for your review.
- [American Corruption Files: Former FBI Agent Arrested For Money Laundering](https://velocityfss.com/blog/american-corruption-files-former-fbi-agent-arrested-for-money-laundering/): Former FBI Special Agent Charles F. McGonigal was arrested at JFK Airport last week along with co-conspirator Sergey Shestakov, and charged with, “violating and conspiring to violate the International Emergency Economic Powers Act (“IEEPA”) and with conspiring to commit money laundering and money laundering,” according to a press release issued by the US Department of Justice on January 23, 2023.
- [The Secret Life of a Hong Kong Housewife](https://velocityfss.com/blog/the-secret-life-of-a-hong-kong-housewife/): Female head of a professional money laundering syndicate busted
- [FTX Founder SBF Arrested for Fraud & Money Laundering!](https://velocityfss.com/blog/ftx-founder-sbf-arrested-for-fraud-money-laundering/): Crypto Crashes into the Christmas Season Like Avalanche
- [Crypto’s Lack of Compliance Puts FOMO into Further Perspective](https://velocityfss.com/blog/cryptos-lack-of-compliance-puts-fomo-into-further-perspective/): Sergei Potapenko and Ivan Turogin, each 37 years old, were arrested in Estonia last week and are being extradited to the United States to face charges of wire fraud and conspiracy to commit money laundering. This case sort of hits close to home as I reside in the Pacific Northwest and the indictment for the crooks was unsealed in a US District Court in Seattle. In addition, a handful of victims of the pair’s crypto-based scheme are residents of western Washington.
- [Did the FTX meltdown expose crypto as a pump & dump fueled by FOMO?](https://velocityfss.com/blog/did-the-ftx-meltdown-expose-crypto-as-a-pump-dump-fueled-by-fomo/): FTX CEO Sam Bankman-Fried has had a horrible November and it just keeps getting worse. Last Tuesday news broke that Bankman-Fried is being sued by his investors for $11 billion (USD) in the U.S. District Court in Miami, along with those that promoted the FTX brand. That list includes a number of high profile celebrities and athletes, including Tom Brady, Larry David, Shaquille O’Neal and Stephen Curry (no!), among others. The proposed class action, which was filed yesterday afternoon, accuses the laundry list of wealthy defendants of promoting unregistered securities, a violation of Florida’s Securities and Investor Protection Act and the Deceptive and Unfair Trade Practices Act.
- [FATF Angers Crypto Industry in its Fight Against Money Laundering](https://velocityfss.com/blog/fatf-angers-crypto-industry-in-its-fight-against-money-laundering/): Al Jazeera broke a news story the other day claiming that the Financial Action Task Force (FATF) is, “planning to ramp up oversight of crypto providers,” in relation to its homegrown ‘Grey List’. The Grey List list is a compilation of countries that are ripe for money laundering and other forms of financial fraud, simply because of corruption and because these countries have few anti-money laundering (AML) regulations in place, especially where crypto is concerned, and therefore zero compliance. The Al Jazeera article apparently created a shock wave in the world of decentralized finance (DeFi) with this announcement, causing Coindesk to slyly accuse the FATF of changing the way it monitors digital assets mid-stream, which it denies.
- [Hong Kong Duo Caught Laundering $446 Million via Precious Metals](https://velocityfss.com/blog/hong-kong-duo-caught-laundering-446-million-via-precious-metals/): Last week a pair of crooks in Hong Kong were busted laundering $446 million in illicit funds via precious metals, in this case gold and palladium. Though it is not a record amount, the method for actually laundering the money does sort of set a standard for using old world tactics (the precious metals market has existed for decades), combined with digital tactics, and then foisted upon a market where the definition of heavy metals has changed along with the evolution of technology, putting more value on palladium than you might expect. In fact, palladium is more expensive than gold right now. You could say the duo failed, but they did manage to launder almost half a billion dollars before being caught.
- [Paris’ Dream to Be the Next ‘Crypto-Haven’ Crippled by Money Laundering](https://velocityfss.com/blog/paris-dream-to-be-the-next-crypto-haven-crippled-by-money-laundering/): Come to Paris, the most recent entrant in the competition to become a haven to pursue crypto dreams! The city of love is now advertising itself as the latest, and no doubt the coolest, place to live a relaxed Bitcoin lifestyle or to lead a crypto company. French President Emmanuel Macron and his administration have been vocal in wanting to recruit more tech talent and investment related to decentralized finance (DeFi), cryptocurrency, the metaverse and meta-collectibles.
- [Man Caught Swiping $23 Million in Crypto Faces No Criminal Charges](https://velocityfss.com/blog/man-caught-swiping-23-million-in-crypto-faces-no-criminal-charges/): Accountability for wrongdoing in America is in poor supply these days, regardless of where you look. From politics to entertainment and sports, and even in our own communities, people are committing crimes and violating social norms at will and without what used to be standard repercussions. For example, if you follow the world of decentralized finance (DeFi), you are hearing and reading about an ever increasing number of DeFi-focused crimes that are often worth hundreds of millions of USD. The media does a good job of reporting these crimes, but doesn’t seem as keen to report the arrests related to them.
- [Who Introduced the Cartels to the Golden Age of Money Laundering?](https://velocityfss.com/blog/who-introduced-the-cartels-to-the-golden-age-of-money-laundering/): Innovation and gangsters seem to go together like peanut butter and jelly these days, but what if that sentiment is just an illusion, over-reported by the media? Each week it seems the media reports a new, high USD crypto theft and, in some cases, money laundering bust from the cryptocurrency, DeFi and NFT world, with the top end of these heists nearing the billion dollar mark. Governments around the world are calling for regulation and centralization of DeFi as a result, but did you know that the most powerful money laundering system in the world today is not related to crypto or DeFi., and it originates from the country that banned everything crypto at this time last year — China.
- [<strong>European Cartel Busted Laundering Cash via Ancient Silk Road</strong>](https://velocityfss.com/blog/european-cartel-busted-laundering-cash-via-ancient-silk-road/): One of the world’s largest criminal organizations is an old Irish band of gangsters known as the Kinahan Clan to some, the Kinahan Cartel to others and the Kinahan Organized Crime Group to those who want to prosecute them. The Kinahan Clan was founded by notorious drug dealer, money launderer and all around bad guy, Christy ‘the dapper Don’ Kinahan in the 1980s. He has since handed the reins to his son, Daniel Kinahan, who acts like your average, modern day cartel in that he runs a multinational drug operation that partners with other known Cartels from other countries in order to funnel up to a third of the cocaine into Europe.
- [<strong>New DeFi Crypto Crimes & Exploits</strong>](https://velocityfss.com/blog/new-defi-crypto-crimes-exploits/): Writing about the emerging world of decentralized finance (DeFi), with a focus on money laundering and fraud, is sort of like trick or treating. Each house (or in my case each passing week) offers more candy, or in my case news related to my chosen beat. Each week the DeFi market news reveals increasing levels of financial thuggery related to the millions of dollars (USD) worth of crypto assets being stolen from crypto exchanges, and the myriad rug pulls that are taking place in the NFT world. Because of this revolving door of financial thuggery, money laundering activity has skyrocketed in the last few years.
- [Money Laundering Probe of Binace CEO? Just Another Day in DeFi](https://velocityfss.com/blog/money-laundering-probe-of-binace-ceo-just-another-day-in-defi/): Changpeng Zhao, the founder and CEO of Binance, the world’s largest cryptocurrency exchange, is under investigation for violating the Bank Secrecy Act. What does that mean? It means the company failed to implement programs that detect and prevent money laundering (AML), and never took the steps towards providing the government with the customer information (KYC) the Bank Secrecy Act requires. Sounds pretty serious, right? Well, based on the fact that the world of decentralized finance (DeFi) has ushered in, The Golden Age of Money Laundering, I would label this investigation just another day in the world of DeFi.
- [Tinder’s Catfishing Craze Continues to Produce Money Laundering Mules](https://velocityfss.com/blog/tinders-catfishing-craze-continues-to-produce-money-laundering-mules/): Catfishing, as a term, is not a hot and new strategy to score dates or romance on popular dating apps like Tinder, Bumble or Hinge. Could you imagine?
- [Forbes’ Crypto Report Claims Half of All Bitcoin Trades are Fake](https://velocityfss.com/blog/forbes-crypto-report-claims-half-of-all-bitcoin-trades-are-fake/): Can you still trust your crypto exchange or e-brokerage reports?
- [Shotgun Investment Strategy Crowns a ‘Crypto Winter’ King?](https://velocityfss.com/blog/shotgun-investment-strategy-crowns-a-crypto-winter-king/): When China banned all cryptocurrency related activities last September, the crypto market was thriving. The devastating shock waves from that decision took a couple of months to hit the market as Bitcoin hit its all-time peak of $67.5k per coin in November. Shortly thereafter its price took a nosedive. Just eight months later Bitcoins are going for just $21.5k per coin, victims of a financial avalanche that has sent the price of most crypto coins tumbling, not just Bitcoin.
- [Are the Climate Claims Attached to Coming ETH ‘Merge’ Legit?](https://velocityfss.com/blog/are-the-climate-claims-attached-to-coming-eth-merge-legit/): For months I have hammered the cryptocurrency market on its energy intensive business model, and especially the energy consumption involved in creating the most productive crypto product to date; its non-fungible tokens, or NFTs. In fact, I covered this topic last week in regards to the launch of Tiffany and Co.’s NFTtiffs and 18k gold pendants, which were offered exclusively to current CryptoPunk NFT owners. As I summarized in that post, $12.5 million buys a lot of carbon offsets, but are we really going to trust that buying carbon or wind offsets is going to put a stop to climate change?
- [Tiffany & Co Earns $12.5 Million From CryptoPunk NFT Pendant While Releasing 38,000 kilograms of Carbon](https://velocityfss.com/blog/tiffany-co-earns-12-5-million-from-cryptopunk-nft-pendant-while-releasing-38000-kilograms-of-carbon/): Why is this relevant today? Last Friday the esteemed jeweler Tiffany & Co., released an opportunity for 250 CryptoPunk NFT owners to purchase an NFT pendant and unique NFT, both of which are based on the likeness of their CryptoPunk, and made out of 18k rose or yellow gold. Tiffany & Co.’s NFTs, known as NFTtiffs, sold out in a matter of minutes, raising $12.5 million (USD); a win for the Tiffany & Co. brand and for those lucky CryptoPunk owners that bought the pendant, provided they hold and increase their value.
- [Is Tiffany’s CryptoPunk ‘Pendant’ Offering a Positive Sign for Troubled NFT Market?](https://velocityfss.com/blog/is-tiffanys-cryptopunk-pendant-offering-a-positive-sign-for-troubled-nft-market/): Tomorrow the esteemed American jeweler, Tiffany & Co., is planning to launch itself into the NFT-sphere with the release of 250 digital passes offered exclusively to CryptoPunk NFT holders. These lucky investors can then mint their CryptoPunk into a custom pendant (available in 18k rose or yellow gold), plus a new NFT, both of which are created in the likeness of the holder’s CryptoPunk character. Tiffany & Co.’s NFTs, known as NFTiffs, are expected to launch with a floor price of 30 ETH, which is equivalent to $52k today.
- [<strong>Summer Heats Up in Crypto Crime Craze</strong>](https://velocityfss.com/blog/summer-heats-up-in-crypto-crime-craze/): The only thing hotter than the temperature this July is the crypto crime spree impacting the world of decentralized finance (DeFi), especially DeFi’s foundational components — crypto coin offerings and NFTs. In just the last month we have witnessed a visible spike in the amount of fraud, deception and money laundering activity reported by the media. Either the amount of crypto crimes are increasing, which is both imaginable and ludicrous at the same time, or the media’s coverage of these crimes is rapidly increasing. I’m going to put my fiat money on the latter.
- [New Bill Freaks Out Art/NFT Market While Making Others Giddy](https://velocityfss.com/blog/new-bill-freaks-out-art-nft-market-while-making-others-giddy/): Every media outlet on earth has to have an angle or a hook specific to its audience, or what some refer to as an exclusive, otherwise its articles won’t get the clicks the publication needs to survive in today’s media climate. That being said, it is interesting to see how legislative moves are reported in the press. For example, a recent piece of anti-money laundering (AML) legislation called The Enablers Act, which was embedded in the defense spending bill that passed a few weeks ago, received wildly different headlines.
- [Does Coin Center’s Lawsuit Against the US Treasury Make Sense?](https://velocityfss.com/blog/does-coin-centers-lawsuit-against-the-us-treasury-make-sense/): Case in point, a crypto advocacy group named Coin Center recently filed suit against the US Treasury, rightly challenging a recent tax rule recently instituted by the White House that was designed to curb money laundering, but which Coin Center argues is unconstitutional. Is it? In my opinion, yes. Worse, this tax code amendment is an invasion of our privacy that could lead to widespread identity theft. Starting in 2024, U.S. taxpayers who receive over $10,000 in crypto currency payment will be forced to report to the Treasury the social security number and birth date of the sender.
- [Is Snoop Dogg the Sensei of NFTs?](https://velocityfss.com/blog/is-snoop-dogg-the-sensei-of-nfts/): What does it say about the NFT marketplace when Snoop Dogg is considered a dominant force and voice? I suppose the answer depends upon who you ask. Those forty somethings who have a disposable ETH income, stand in line for iPhones, lean towards a Martha Stewart lifestyle (even though they leave copies of Sunset Magazine on the coffee table for guests) and might engage with cannabis on some level? They have likely (secretly) loved Snoop since Doggystyle and now simply refer to him as Cozomo de’ Medici, Snoop’s NFT art collecting alias. When he says to chill on the NFT disaster talk, they listen.
- [El Salvador’s ‘Bitcoin as Fiat’ Experiment is Tanking](https://velocityfss.com/blog/el-salvadors-bitcoin-as-fiat-experiment-is-tanking/): In certain circles El Salvador was hailed as a cryptocurrency haven when its president, Nayib Bukele, established it as the first country to adopt Bitcoin as a legal tender (along with the American dollar) last fall — B-Day as it was referred to in the press. However, on B-Day there were also angry citizen protests across the country, combined with tech glitches and a dip in the price of Bitcoin. The average Jorge was not excited about a Bitcoin future, and for good reason.
- [The Vancouver Model is Canada’s Hottest Money Laundering Machine](https://velocityfss.com/blog/the-vancouver-model-is-canadas-hottest-money-laundering-machine/): From a money laundering perspective Canada today could be compared to Afghanistan and Malta, two countries where basically anything goes if you have money to burn, or clean, in this case. The Cullen Commission, which is headed by former British Columbia (BC) Supreme Court Justice Austin Cullen, recently published an inquiry into Canada’s money laundering issues and exposed a problem so big the commission can’t even put a number on it. The inquiry did, however, at least offer some data that provides a window into the scope of BC’s problem.
- [Do Kwon is No Kenneth Lay, Not Yet Anyway](https://velocityfss.com/blog/do-kwon-is-no-kenneth-lay-not-yet-anyway/): Regardless of the heinous crimes they are suspected of being guilty of committing, society’s gangsters and fraudsters have historically only lost their freedom because of money laundering charges. They are often the only charges that stick. It is what took down Al Capone, Meyer Lansky and John Gotti. Most recently, it is what took down the Crocodile of Wall Street. Now, apparently the South Korean government and the SEC have their eyes keenly focused on Terraform Labs, a decentralized price-stable cryptocurrency platform, its stable coin Terra(USD), its cryptocurrency Luna, and the man at the center of it all, founder Do Kwon.
- [Ex OpenSea Exec Makes Money Laundering History](https://velocityfss.com/blog/ex-opensea-exec-makes-money-laundering-history/): A former employee of the NFT marketplace OpenSea, Nathaniel Chastain of New York, was recently arrested and formally charged with wire fraud, money laundering and insider trading related to NFT launches that Chastain knew in-advance would be featured on OpenSea’s homepage, and therefore be good investments. How did he know which NFTs would be hot? Because he was the guy choosing the NFTs that got featured on the OpenSea homepage. It was his actual job!
- [NFT Thieves Turn Bored Ape Yacht Club into a Seedy Tavern](https://velocityfss.com/blog/nft-thieves-turn-bored-ape-yacht-club-into-a-seedy-tavern/): Things move so quickly in the decentralized world that one day a certain product or service is the hottest name in the market and then the next day, “poof!” Entire companies, crypto coins and crypto products, such as NFTs and crypto mixers become infested with financial fraud and either move to the Darkweb or disappear altogether as quickly as they arrived. As I have covered fairly extensively, the NFT is sort of the poster child for this market phenomenon. What was a star in the eyes of many is now so tarnished that the purchase of an NFT should come with a warning label.
- [Radio Shack Returns as a Crypto Swap](https://velocityfss.com/blog/radio-shack-returns-as-a-crypto-swap/): One thing I love about cryptocurrency and the whole concept of decentralization, the metaverse and Web-3 is the creativity in which it is moving forward. Just consider the NFT for a second. NFTs are like any other financial investment or security, if you will, but when you purchase a token you get something cool in return, a rather rare piece of digital “art”.
- [Hong Kong Phooey: Virtual Money Laundering Syndicate Foiled](https://velocityfss.com/blog/hong-kong-phooey-virtual-money-laundering-syndicate-foiled/): A crime syndicate based in Hong Kong(HK) paid ‘digital mules’ up to $1,000 each to have them open virtual bank accounts in their names, and then give access to those accounts to the gang, which then used those accounts to launder illicit funds. These mules were a mix of restaurant employees, housewives, transport workers, the underemployed and the unemployed; people living paycheck to paycheck and therefore easy marks.
- [I Want My, I Want My NFT…Money Back, Please](https://velocityfss.com/blog/i-want-my-i-want-my-nftmoney-back-please/): Imaging applying Moore’s Law to the NFT. It would have been hard to imagine if, in 2020, you had told me that over the next two years the tech industry would introduce a cool technology innovation that would capture the public’s attention to the point of creating widespread FOMO. If you would have also told me it would be a creative, art product that would instantly be billed as one of ‘the hottest investments ever’ and would therefore be infested with huge amounts of money and endorsed by people of influence, such as the GOAT, Tom Brady, I would have laughed.
- [NASDAQ Article Says Regulation Won’t Affect Crypto’s Core Values](https://velocityfss.com/blog/nasdaq-article-says-regulation-wont-affect-cryptos-core-values/): I highlighted those words for obvious reasons. In the language of the SEC terms like, ‘fair and orderly markets’ allude to regulated markets. If you are an investor in Bitcoin, have no fear though, even if centralization of crypto is your biggest financial fear. A faction of crypto influencers actually think you should embrace regulation. In fact, the headline of an article written by a crypto market player and published by Nasdaq News the day after the SEC’s press release states, Regulation is No Threat to the Ethos of Crypto.
- [What Happens When Your Virtual Twin Robs an NFT Pool?](https://velocityfss.com/blog/what-happens-when-your-virtual-twin-robs-an-nft-pool/): The old saying, when one door closes another one opens, is remarkably true, especially if you are a 21st century criminal in constant search of new and more efficient methods to launder the proceeds of your illicit behaviors. For months now I have labeled the cryptocurrency era The Golden Age of money laundering because of the door of opportunity cryptocurrency and its associated products and services opened for cyber crooks. They took full advantage of that opportunity too, laundering an estimated $33 billion (USD) worth of crypto through that open door in the last five years.

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- [Cannabis Monitoring](https://velocityfss.com/cannabis-monitoring/)
- [FinCEN 314(a)](https://velocityfss.com/fincen-314a/)
- [Case Management & Regulatory Reporting](https://velocityfss.com/case-management-regulatory-reporting/)
- [Customer Due Diligence & Risk Rating](https://velocityfss.com/customer-due-diligence-risk-rating/)
- [AML Transaction Monitoring](https://velocityfss.com/aml-transaction-monitoring/)
- [Sanctions & List Screening](https://velocityfss.com/sanctions-list-screening/)
- [Platform](https://velocityfss.com/platform/)
- [Casino & Gaming](https://velocityfss.com/casino-gaming/)
- [Insurance](https://velocityfss.com/insurance/)
- [Investment Firms](https://velocityfss.com/investment-firms/)
- [Broker-Dealer](https://velocityfss.com/broker-dealer/)
- [Pension Funds](https://velocityfss.com/pension-funds/)
- [Money Transfer & Payments](https://velocityfss.com/money-transfer-payments/)
- [Fintechs](https://velocityfss.com/fintechs/)
- [Banking as a service (BaaS)](https://velocityfss.com/banking-as-a-service-baas/)
- [Correspondent Banking](https://velocityfss.com/correspondent-banking-software/)
- [Retail Banking](https://velocityfss.com/retail-banking/)
- [Home Old](https://velocityfss.com/home/)

## Openings
- [Head of Delivery – Financial Crime Compliance Platforms](https://velocityfss.com/blog/openings/head-of-delivery-cpo-office-2/): Head of Delivery – Financial Crime Compliance Platforms
- [Marketing Intern – CPO Office](https://velocityfss.com/blog/openings/marketing-intern-cpo-office/): We are seeking a motivated and creative Marketing Intern to support the initiatives driven by the CPO Office. This role offers hands-on experience across strategic marketing, internal communications, and cross-functional projects. The intern will work closely with the Chief People/Products Office, supporting campaigns, research, and engagement initiatives that enhance brand positioning, and stakeholder communication.
- [Product Intern](https://velocityfss.com/blog/openings/product-intern/): We are looking for a curious, proactive, and motivated Product Intern to join our Product team and contribute to building innovative financial technology solutions. This internship is ideal for someone eager to learn how great products are built — from idea to launch — in a fast-paced, dynamic environment.

## Events
- [ACAMS Las Vegas 2024](https://velocityfss.com/blog/events/acams-las-vegas-2024/)
- [ACAMS Las Vegas Conference](https://velocityfss.com/blog/events/acams-3/)
- [ACAMS Southern California Chapter 2022 5th AML Symposium](https://velocityfss.com/blog/events/acams-southern-california-chapter-2022-5/)
- [West Coast AML Forum](https://velocityfss.com/blog/events/acams-southern-california-chapter-2022-4/)
- [ACAMS Southern California Chapter 2022](https://velocityfss.com/blog/events/acams-southern-california-chapter-2022-3/)
- [FIBA AML Compliance Conference 2022](https://velocityfss.com/blog/events/acams-southern-california-chapter-2022-2/)
- [ACAMS Las Vegas Conference 2021](https://velocityfss.com/blog/events/acams-las-vegas-2022/)
- [ACAMS Southern California Chapter 2021](https://velocityfss.com/blog/events/acams-southern-california-chapter-2022/)

## Brochures
- [FinTech Companies](https://velocityfss.com/blog/brochures/fintech-companies/): Innovate without compromising on financial security.
- [Correspondent Banks](https://velocityfss.com/blog/brochures/correspondent-banks/): No more cross-border banking threats. Ensure compliance and trust in every transaction.
- [Marijuana Related Businesses (MRB)](https://velocityfss.com/blog/brochures/marijuana-related-businesses/): Say goodbye to marijuana-related threats! Protect your business with the top-notch fincrime tool.
- [Crypto Institutions](https://velocityfss.com/blog/brochures/crypto-institutions/): Safeguard your digital assets and stay ahead of the crypto crimes.
- [Casino](https://velocityfss.com/blog/brochures/casino/): Keep the odds in your favor. Secure transactions and protect your reputation with Velocity.
- [Credit Unions](https://velocityfss.com/blog/brochures/credit-unions/): Strengthen customers’ trust with unbeatable financial security using Velocity.
- [Insurance Companies](https://velocityfss.com/blog/brochures/insurance-companies/): Protect your business from the rising threats of financial crimes
- [Investment Banks](https://velocityfss.com/blog/brochures/investment-banks/): Trust is everything! Secure your investments with the ultimate fincrime tool.
- [MSB](https://velocityfss.com/blog/brochures/msb/): Send money, not worry! Protect your MSBs against fincrimes and ensure compliance.

## Infographics
- [If FRAUD were an emotion](https://velocityfss.com/blog/infographics/if-fraud-were-an-emotion/): Here’s an insightful yet fun infographic exploring an unusual question: If fraud were an emotion, what would it feel like — and how can you recognize it before it catches you off guard?
- [Pig Butchering Scam Checklist for Financial Institutions](https://velocityfss.com/blog/infographics/pig-butchering-scam-checklist-for-financial-institutions/): Download our Pig Butchering Scam Checklist to help your financial institution strengthen AML compliance, enhance scam prevention, and protect customers from cryptocurrency scams and investment fraud.
- [The 12 Days of Fraudmas](https://velocityfss.com/blog/infographics/the-12-days-of-fraudmas/): The holiday season is a time for joy, but it's also a peak time for fraud.
- [Pig Butchering](https://velocityfss.com/blog/infographics/pig-butchering/): Have a look at everything you need to know about pig butchering scams - red flags…
- [Check Fraud](https://velocityfss.com/blog/infographics/check-fraud/): Stay ahead of check fraud! Check out the latest trends, prevention tips, and how to…

## Webinars
- [Compliance Crossroads – Challenges of Correspondent Banking in International Finance](https://velocityfss.com/blog/webinars/compliance-crossroads-challenges-of-correspondent-banking-in-international-finance/): Compliance Crossroads – Challenges of Correspondent Banking in International Finance
- [Fraud Prevention and Monitoring](https://velocityfss.com/blog/webinars/fraud-prevention-and-monitoring/): Discover the top-notch strategies that can help financial institutions prevent check fraud and safeguard their reputations.
- [How ChatGPT is revolutionizing AML compliance?](https://velocityfss.com/blog/webinars/how-chatgpt-is-revolutionizing-aml-compliance/): See how financial institutions can leverage Generative AI to streamline operations, improve risk assessment, strengthen…
- [Fraud Risk Governance – You shouldn’t work without it](https://velocityfss.com/blog/webinars/fraud-risk-governance-you-shouldnt-work-without-it/): Explore essential strategies to protect your organization from fraud risks and ensure robust governance.

## EBooks
- [First-Party Fraud in Modern Payments](https://velocityfss.com/blog/ebooks/first-party-fraud-in-modern-payments/): Learn how modern fraud teams detect intent-driven abuse across BNPL, P2P, instant payments, and embedded finance.
- [Fraud E-Book](https://velocityfss.com/blog/ebooks/fraud-e-book/): If you could predict fraud before it happens, what would you do differently? Our eBook reveals the insights and frameworks to help you get there.