Financial Crime Management Technology for Canadian Financial Institutions
Financial Crime Management Technology for Canadian Financial Institutions
Fraud Detection and Management
Uncover fraudulent activity quickly to reduce loss and streamline efforts.
Anti-Money Laundering (AML) Compliance and Management
Improve investigative efficiency while reducing false positives.
High-Risk Customer Management
Gain a deeper understanding of your institution’s risk profile.
Automated FINTRAC Reporting
Increase regulatory reporting efficiency with automated report generation, pre-populated fields and electronic filing directly with FINTRAC. Nasdaq Verafin supports the FINTRAC Gen2 regulatory reporting formats for:
STR
Suspicious Transaction Reports (STRs)
EFTR
Electronic Funds Transfer Reports (EFTRs)
LCTR
Large Cash Transaction Reports (LCTRs)
Automated FINTRAC Reporting
Increase regulatory reporting efficiency with automated report generation, pre-populated fields and electronic filing directly with FINTRAC. Nasdaq Verafin supports the FINTRAC Gen2 regulatory reporting formats for:
STR
Suspicious Transaction Reports (STRs)
EFTR
Electronic Funds Transfer Reports (EFTRs)
LCTR
Large Cash Transaction Reports (LCTRs)
Flexible Product Offerings
2600 Customer Partners Contribute to Our Consortium Approach
Nasdaq Verafin integrates, resolves, and enriches data from hundreds of data sources and thousands of institutions across the Cloud.
Nearly
$10 Trillion
in collective assets
725 Million
counterparties
Over
1.1 Billion
transactions analyzed each week
2600 Customer Partners Contribute to Our Consortium Approach
Nasdaq Verafin integrates, resolves, and enriches data from hundreds of data sources and
thousands of institutions across the Cloud.
Nearly
$10 Trillion
in collective assets
725 Million
counterparties
Over
1.1 Billion
transactions analyzed each week
"Nasdaq Verafin has built on its deep heritage in fraud by responding to the market requirements and drivers through technological innovation.
In the Enterprise Fraud world Nasdaq Verafin has a very strong typology-centric approach enabling it to deliver highly customized solutions across core fraud typology types including application fraud, cyber and notably APP fraud and Mule detection where it has a highly unique approach leveraging its consortium capability and other tools such as payee analysis and safe account listing"
Nick Vitchev, Research Director at Chartis
