Feature SheetACH Fraud DetectionWith ACH volume growing year-over-year, customers are demanding increasing speed and convenience. Financial institutions need a powerful ACH monitoring solution now more than ever. Verafin’s... |
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 Kiting...gaps, and duplicate check numbers. Leveraging the power of the Cloud, Verafin applies big data intelligence and machine learning technologies including Optical Character Recognition (OCR) and image analysis to reduce... |
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.... |
Feature SheetSanctions Screening and ManagementIn an increasingly complex sanctions regime, financial institutions face mounting expectations to identify high-risk entities, mitigate sanctions risks, and prevent sanctions evasion. High volumes of... |
Feature SheetFraud Detection & ManagementCriminals are smarter than ever before and will use all available products and channels to exploit your financial institution. To successfully stop crime, you need... |
Feature SheetHigh-Risk Customer ManagementFinancial institutions are under increased regulatory pressure to complete Customer Due Diligence and Enhanced Due Diligence (CDD/EDD), particularly regarding the identification, risk scoring and surveillance... |
