Money muling is industrialised, sophisticated, and more unpredictable than ever. Widespread account harvesting, a fluid mule MO, and the rise of synthetic IDs in applications have created a blind spot that’s shifting faster than the controls designed to close it.
In this new video discussion, Synectics’ Dom Simmons and Liese Rushton unpack what our latest industry-first research and frontline work with Tier 1 banks reveal about how the threat is changing, why ongoing mule detection is a strategic necessity and how to implement without operational overload.
Watch to hear exclusively about:
The growing mismatch between where banks look for mules and where they’re now emerging.
Why it still takes an average of eight months to detect an active mule - and what happens in that gap.
How recruitment tactics have changed, turning previously safe customers into targets.
The volume and speed of cross-bank targeting before identities are burned.
And the untapped potential at point of application, where propensity scoring can sharpen transaction controls