Here's what really happens when a bank says 'suspicious activity'

What does suspicious activity actually mean on a bank account? Here's what banks are really doing behind the scenes when they flag transactions.
JD Supra

Suspicious Activity Reports – What New Guidance Means for Financial Institutions

On October 9, 2025, the Financial Crimes Enforcement Network (“FinCEN”) jointly issued updated Frequently Asked Questions (“FAQs”) with the Federal Reserve Board of Governors, the Federal Deposit ...
JD Supra

FinCEN Relaxes Suspicious Activity Reporting Requirements Via Four New FAQs

On October 9, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), along with the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance ...
Fox News

I've worked thousands of money laundering cases — fraud is a national security threat

Over 100,000 fraud-related suspicious activity indicators were reported by financial institutions in Minnesota in 2024. Concentrated largely in Hennepin, Ramsey and surrounding counties, these reports ...
NBC4 Columbus

How AI is being used to report suspicious activity in Ohio

COLUMBUS, Ohio (WCMH) — Using artificial intelligence to report suspicious activity and investigate threats might sound like something out of a science fiction movie, but it’s becoming a reality here ...