Consciously or not, credit unions amass immense amounts of data about their members. Analyzed properly,
those data can be
the basis of intensely focused, highly productive marketing approaches that recognize demographic differences among members.
Human trafficking, money laundering, trade-based money laundering and terrorist financing all come with their own sets of red flags for financial institutions. In addition, entities such as money services businesses and cash-intensive businesses can be legitimate, but also have potential to be used for illicit activities.