Digital Banking Services

• Criminals can tamper with electronic account information or statements to mask suspicious transactions, relying on remote access and insufficient real-time checks.
• By leveraging digital channels with weak audit regimes, they artificially adjust balances, obscure transfer origins, or bypass alerts for abnormal account activity.

• VPN usage allows customers to open or access digital banking services undetected from sanctioned jurisdictions or flagged IP ranges.
• Banks reliant on geolocation indicators face blind spots, inhibiting real-time detection of potential cross-border laundering activity.
• This level of anonymity eases layering efforts by disguising the origination and destination of funds in digital transactions.

• Criminals leverage proxies to hide their true IP address when accessing digital banking portals, bypassing basic location-based restrictions and AML filters.
• Rapid switching of proxy endpoints prevents consistent device or session fingerprinting, complicating efforts to detect unusual login patterns or attribute activity to a single user.

• Accessing digital accounts via public WiFi bypasses location-based risk parameters, blending illicit traffic with legitimate session logs.
• Multiple logins from diverse hotspots in short intervals defeat device recognition protocols, hindering AML investigations.

• Criminals use multi-hop VPN to hide IP addresses during digital banking logins, circumventing location-based security measures.
• This technique allows them to maintain anonymity, complicating efforts to detect unusual login patterns or inconsistent user location data.

• Adversaries use remote or app-based onboarding processes, uploading altered identity documents to bypass in-person verification.
• Challenging investigation efforts further, they may continually adjust personal details in the digital profile to evade detection.

• Criminals rely on remote account setup and limited face-to-face interaction, exploiting fake IDs to appear legitimate during digital onboarding.
• They can quickly open multiple accounts under different aliases, cycling illicit earnings with minimal human oversight.

Walk-in remitters frequently rely on single-document checks; presenting a passport with a one-letter-off spelling enables cross-border cash payouts that dodge prior watch-list matches for the real name.

• Using forged or stolen IDs, criminals register for online-only bank accounts, circumventing in-person identity validation.
• They conduct transactions under assumed identities, moving funds swiftly while masking their real identity from financial institutions.

• Criminals open digital bank accounts remotely, submitting falsified identity documents or using synthetic profiles.
• Lack of face-to-face verification and optional liveness checks let offenders create multiple accounts from the same device under different names.
• Once onboarded, illicit funds can be moved seamlessly, bypassing more comprehensive KYC procedures typically required in-person.

• Compromised login credentials allow criminals to transact remotely under the guise of legitimate customers.
• By mimicking typical user behavior, they evade automated red flags and swiftly move illicit proceeds to external or layered accounts.

• Fraudsters manipulate remote onboarding by submitting altered or stolen identification records, bypassing limited or automated ID checks.
• They leverage multiple accounts from the same device or IP address, rotating identity data to avoid consistent detection triggers.
• Weak remote KYC processes enable continued access to digital bank accounts with minimal legitimate identification, facilitating illicit use.

• Fraudsters impersonate legitimate customers via deepfake audio or video calls to support teams, requesting password resets or security overrides.
• They exploit reliance on voice-based authentication or minimal remote verification measures.
• Once access is granted, criminals initiate unauthorized transactions or harvest sensitive account details with limited scrutiny.