Feature SheetHigh-Risk Customer IdentificationAre you banking high-risk customers you don’t know about? Verafin can help you identify customers in high-risk categories, including Politically Exposed Persons (PEPs), Non-Resident Aliens... |
Feature SheetEnhanced Due DiligenceInstitutions are facing challenges in meeting requirements for conducting EDD reviews of high-risk customers. Managing the volume of reviews created as a result of generic... |
Feature SheetRisk SurveillanceRequired ongoing surveillance of your high-risk customers can be a challenging, often manual process, with unusual activity often uncovered through general AML transaction monitoring. By... |
Feature SheetRisk StratificationTypical risk systems use generic models that result in large volumes of high-risk customers. But all high-risk customers are not created equal. A local charity,... |
Feature SheetHigh-Risk Customer ManagementInstitutions are under increased regulatory pressure in the area of ongoing customer due diligence, particularly regarding the identification, assessment, and monitoring of FFIEC high-risk customer... |
Feature SheetEnterprise Fraud ManagementFraud continues to plague financial institutions. It is a constantly evolving threat, with criminals always probing to find an opening in an institution’s defense. Learn... |
Feature SheetEnterprise ReportingThe ability to deep dive into the wealth of data surrounding your BSA compliance and fraud detection efforts provides access to information vital to your... |
Feature SheetFRAMLx: Cross-Institutional AnalysisCriminals are performing increasingly complex financial crimes that stretch beyond your own four walls. It is a serious challenge to properly assess the risk a... |
Feature SheetOnline Account Takeover DetectionOnline customer accounts are a serious target for sophisticated cyber-criminals looking to commit unauthorized transfers and harvest data to perform numerous types of fraud. Verafin... |
Feature SheetWire Fraud DetectionThe dollar value and international nature of many wire transfers make them inherently risky. With criminal schemes such as Business Email Compromise (BEC) a growing... |
