What is the FRAMLxchange Collaboration Network?
The FRAMLxchange Secure 314(b) Collaboration Network offers secure, online collaboration between financial institutions. Users of this service who are signed up for 314(b) can invite other 314(b) contacts to collaborate securely through the Verafin application.
Benefits of the FRAMLxchange Collaboration Network
Connect with peer investigators
Connect easily with other 314(b) institutions and widen your network of peers to help strengthen your investigations.
Collaborating can expedite and improve your investigations by providing a more complete picture of customer activity.
No data integration required
There’s no data to import or export and no IT resources required to access or use FRAMLxchange. Just sign up, log in and start collaborating.
Collaborate with confidence
Collaborate in the FRAMLxchange secure environment with confidentiality, processing integrity, and privacy.
Know who to contact without hesitation
Daily verification of the 314(b) list ensures you are working with 314(b)-registered contacts — at all times.
Access everything in one place
No more spreadsheets and email inboxes — all of your collaborations, and associated files and notes are centralized for easy access.
Improve your audit trail
With every collaboration logged and reportable, your examination process just got smoother.
Frequently Asked Questions
about the FRAMLxchange Collaboration Network
FRAMLxchange is a Secure 314(b) Collaboration Network that enables investigators who are signed up for 314(b) to share information using collaboration tools available within the secure Verafin application environment. FRAMLxchange is registered with FinCEN for 314(b) information sharing as an association of financial institutions.
The FRAMLxchange Secure 314(b) Collaboration Network offers secure, in-app messaging between valid 314(b) contacts who have been verified against the 314(b) list by the Verafin application. You can send, receive and respond to requests for information as easily as you can via text message. Every collaboration is logged and reportable for auditing purposes.
Yes. Any 314(b) institution can sign up to use the FRAMLxchange here. Verafin users can also request a collaboration, and invite non-Verafin users directly from the application, if both are valid 314(b) contacts.
In just a few easy steps, you can sign up for the FRAMLxchange and start collaborating:
- Email Invitation: You may receive an email request at the email address you provided on the 314(b) list, inviting you to join the FRAMLxchange, and collaborate.
- Don’t wait for an invitation: Are you a 314(b) institution? You don’t have to wait for an invitation to join! Just go to our sign up page at www.verafin.com/framlxchange to start collaborating.
- Join the FRAMLxchange: Just complete the simple form — and your request will be processed automatically. Confirmation of your signup should follow by email, including your secure login details.
- Log in to FRAMLxchange: Congratulations! You are now a FRAMLxchange member and you can login to the secure FRAMLxchange Network at any time to send, receive or respond to requests.