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Configurable Dashboards

In today’s financial industry, the frenetic pace of evolving trends and regulations are a significant challenge. More than ever, large institutions need streamlined access to information supporting financial crime investigations...

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COVID-19-Related SBA Loan Fraud Detection

U.S. Small Business Administration (SBA) loans have become prime targets for criminals eager to profit from the massive Coronavirus Aid, Relief, and Economic Security (CARES) Act. With millions of dollars...

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COVID-19-Related Unemployment Benefit Fraud Detection

The COVID-19 pandemic has caused an economic downturn and compelled millions of Americans to file for unemployment benefits. With claims systems strained by historic and accelerated volumes of applications, criminals...

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COVID-19-Related Stolen Stimulus Payment Detection

The Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic stimulus package in U.S. history — and a potential windfall for criminals seeking to intercept and reroute...

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COVID-19-Related Wire Fraud Detection

Wire fraud, including Business Email Compromise (BEC), is a growing threat during the COVID-19 crisis as criminals exploit disrupted business processes, cloud-based email services and more. Financial institutions must vigilantly...

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Regulatory Reporting

Federal law requires Canadian financial institutions to report suspicious transactions, and certain electronic funds transfers and large cash transactions to FINTRAC. Investigating, compiling and submitting these transactions is a time-consuming...

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Check Fraud & Check Kiting

Even 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 check schemes are a serious...

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Account Fraud

From doctoring checks to exploiting your most vulnerable customers, criminals will stop at nothing to defraud your financial institution’s accounts for their gain. The threat of fraud on customer accounts...

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Financial Crime Case Management

Verafin’s Financial Crime Management platform includes Fraud Detection, BSA/AML Compliance, High-Risk Customer Management and Secure 314(b) Information Sharing solutions. Our integrated Case Management functionality allows you to create a case...

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High-Risk Customer Segmentation

Are 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 (NRAs), Money Services Businesses (MSBs),...