Feature SheetCommon Point of Transaction (CPT) DetectionCriminals 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... |
Feature SheetCase ManagementImproving 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... |
Feature SheetWatch List ScanningFederal law requires financial institutions to scan customers and transactions against watch lists to identify entities that may be involved in possible money laundering or... |
Feature SheetSuspicious Activity ReportingSuspicious Activity Reports (SARs) are a necessary part of compliance programs for all financial institutions; however, the tasks associated with regulatory reporting are often tedious... |
Feature SheetCurrency Transaction ReportingVerafin 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... |
Feature SheetDebit Card FraudAs 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... |
Feature SheetVendor ManagementRegulators 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.... |
Feature SheetVerafin Financial Crime ManagementWith 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... |
