Supporting
Credit Unions
in the UK & Ireland
FRAML: Comprehensive Protection for Credit Unions
FRAML brings together fraud detection and AML compliance in a single platform, using data-driven analytics to provide a more complete view of financial crime risk for credit unions.
Credit unions across the UK and Ireland are continuing to modernise operations through digital optimisation while managing increasing regulatory expectations. As members increasingly expect faster payments, manual approaches are becoming harder to sustain.
A Better Member Experience for Credit Unions
Manual processes can lead to high false positives volumes, delayed payments and unnecessary friction for members. With FRAML, credit unions can reduce unnecessary alerts and improve member service quality without adding operational burden.
Exceptional Prevention
A unified view across fraud detection and AML supports faster decisions, stronger prevention and fewer false positives for credit unions.
Compliance Confidence
Meet compliance obligations with confidence. Nasdaq Verafin helps credit unions streamline regulatory reporting with pre-populated SAR/STR workflows and efficient efiling.
All-In-One Platform
No more disparate systems or fragmented processes. Nasdaq Verafin is your one-stop solution for financial crime management.
A Better Member Experience for Credit Unions
Manual processes can lead to high false positives volumes, delayed payments and unnecessary friction for members. With FRAML, credit unions can reduce unnecessary alerts and improve member service quality without adding operational burden.
Exceptional Prevention
A unified view across fraud detection and AML supports faster decisions, stronger prevention and fewer false positives for credit unions.
Compliance Confidence
Meet compliance obligations with confidence. Nasdaq Verafin helps credit unions streamline regulatory reporting with pre-populated SAR/STR workflows and efficient efiling.
All-In-One Platform
No more disparate systems or fragmented processes. Nasdaq Verafin is your one-stop solution for financial crime management.
Resources
Product Brochure
FRAML Product Brochure
The Nasdaq Verafin Financial Crime Management platform is a cross-institutional, cloud-based solution utilizing the latest advances in artificial intelligence and machine learning.
eBook
Making Sense of Artificial Intelligence
Artificial intelligence (AI) in financial crime is no longer theoretical. It is actively shaping criminal behavior — and how institutions detect, investigate and prevent fraud and money laundering.
eBook
Understanding Fraud Schemes & Scams: International Edition
A guide to common scenarios used by fraudsters to victimise your customers. From virtual kidnapping to other cyber-enabled scams, fraud is constantly evolving.
