Feature SheetCanada AML Compliance & ManagementFinancial institutions are facing significant challenges in keeping pace with the growing complexities of financial crime. As financial crimes grow more sophisticated and regulatory requirements continue... |
Feature SheetReal-Time Payments Fraud Detection for FedNow®Fraudsters are eager to exploit the speed and convenience of FedNow® for their gain. Discover Verafin’s Real-Time Payments Fraud solution for FedNow® — combining behavioral... |
Feature SheetReal-Time Payments Fraud Detection for TCH RTP®As real-time payment options grow, fraudsters will look to migrate well-known scams such as Business Email Compromise (BEC) to these channels. Verafin’s Real-Time Payments Fraud... |
Feature SheetWire Fraud DetectionFinancial institutions are facing rising threats from consumer wire fraud and Authorized Push Payment scams, such as Business Email Compromise. Combining behavioral analytics with consortium... |
Feature SheetCheck Fraud & Check KitingEven with the rise in digital channels, criminals are still using stolen and counterfeit checks and kiting schemes to cause financial institutions extensive losses. In-clearing... |
Feature SheetHigh-Risk Customer SegmentationAre you banking high-risk customers you don’t know about? Verafin can help you segment customers in high-risk categories, including Politically Exposed Persons (PEPs), Non-Resident Aliens... |
Feature SheetEnhanced Entity ResolutionData is key to efficient anti-financial crime investigations. Financial institutions offer individual and business customers multiple products, requiring multiple financial data systems and multiple data... |
Feature SheetHuman Trafficking Detection & InvestigationVerafin’s cloud-based, customer-centric FRAMLx software improves your ability to quickly detect if your customers are involved in human trafficking activity. Risk-based alerts contain a wide... |
Feature SheetCounterparty ResolutionDuring an AML investigation, investigators seek to understand the relationships between their customers and the entities they transact with to uncover hidden connections and activity.... |