BSA/AML Compliance & Management

Financial institutions are facing rising compliance costs, increased regulatory scrutiny, and money laundering risks from sophisticated criminal organizations engaging in illicit activities such as human... 

314(b) Information Sharing

Common Point of Transaction (CPT) Detection

Criminals prey on ATMs, gas station pumps, merchant Point-of-Sale (POS) terminals and any other device that will provide them with debit card information. Once they... 

Case Management

Improving the effectiveness of investigations is critical to successfully understanding and preventing financial crime. Verafin includes a fully-integrated Case Management functionality, which lets you create... 

Watch List Scanning

Federal law requires financial institutions to scan customers and transactions against watch lists to identify entities that may be involved in possible money laundering or... 

Suspicious Activity Reporting

Suspicious Activity Reports (SARs) are a necessary part of compliance programs for all financial institutions; however, the tasks associated with regulatory reporting are often tedious... 

Currency Transaction Reporting

Verafin scans all transactions in your core system to fully automate your Currency Transaction Report creation and submission process. The latest FinCEN report is autocompleted with all... 

Debit Card Fraud

As more consumers use debit cards as a preferred payment method, both personal and card data are reaching unprecedented heights of vulnerability. Verafin’s advanced debit card fraud... 

Vendor Management

Regulators and examiners continue to pressure financial institutions to improve their management of third-party vendor relationships, and in particular, the risks associated with those relationships.... 

Verafin Financial Crime Management

With fraud and money laundering alerts, end-to-end due diligence solutions, robust case management functionality, automated regulatory reporting, and the ability to share information with other...