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Verafin Partners with IBT Apps to Fight Financial Crime

June 1, 2022

Verafin and IBT Apps® have entered an endorsed partnership, uniting the industry’s leading Financial Crime Management solutions with an empowering core partner to community banks nationwide. Verafin’s cloud-based software platform for Fraud Detection and Management, BSA/AML Compliance and Management, High-Risk Customer... 

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Nasdaq Announces Retirement of Market Technology EVP Lars Ottersgård; Appoints New Leadership to Anti-Financial Crime and Market Infrastructure Technology Businesses

February 14, 2022

NEW YORK, Feb. 14, 2022 — Nasdaq, Inc. (Nasdaq: NDAQ), today announced the retirement of Lars Ottersgård, Executive Vice President for Market Technology, after 16 years providing leadership to the organization. Ottersgård will transition into an advisory role on April... 

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Nasdaq Completes Acquisition of Verafin

February 11, 2021

NEW YORK and ST. JOHN’S, Newfoundland and Labrador, Feb. 11, 2021 (GLOBE NEWSWIRE) – Nasdaq, Inc. (Nasdaq: NDAQ), a global technology company, announced today the completion of its acquisition of Verafin, an industry pioneer in anti-financial crime management solutions. The... 

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Nasdaq to Acquire Verafin, Creating a Global Leader in the Fight Against Financial Crime

November 19, 2020

NEW YORK and ST. JOHN’S, Newfoundland and Labrador, Nov. 19, 2020 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ), a global technology company, and Verafin, an industry pioneer in anti-financial crime management solutions, today announced that they have entered into a... 

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Verafin Completes C$515 Million Equity and Debt Recapitalization; Continues Partnership with Spectrum Equity and Information Venture Partners

September 25, 2019

(St. John’s, Newfoundland) – Verafin, the world’s largest financial crime management software company, announced today the completion of a C$515 million equity and debt recapitalization. Verafin has enjoyed tremendous growth in recent years, and its long-term vision of fighting financial... 

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Over 200 additional banks and credit unions choose Verafin to meet their financial crime fighting needs

February 12, 2019

Big Data Intelligence, Visual Storytelling and Collaborative Investigations fuel rapid growth and continued success for Verafin’s financial crime fighting platform.   In 2018, Verafin solidified its position as North America’s leading financial crime management platform. Offering BSA/AML compliance, fraud prevention... 

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United Bank chooses Verafin

January 7, 2019

United Bank, one of the most successful regional financial services companies in the USA, has chosen to implement Verafin, the industry’s leading, cloud-based BSA/AML and fraud detection (FRAMLx) software. With a vision toward continued future growth and a dedication to... 

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TBA Endorses Verafin’s FRAML and FRAMLx Solutions

May 1, 2017

The Texas Bankers Association (TBA) and its subsidiary, TBA Services Company, Inc. (TBASCO), announce the endorsement of Verafin’s Bank Secrecy Act / anti-money laundering and fraud detection solutions FRAML and FRAMLx. Verafin’s FRAML software provides a consolidated approach to fraud... 

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Verafin Chosen by First Interstate Bank to Help Prevent Financial Crime

April 4, 2017

Verafin, an industry-leader in cloud-based fraud detection and anti-money laundering software (FRAMLx), announced it was recently chosen by First Interstate Bank (MT) to help the bank proactively fight financial crime. First Interstate Bank, a $9.1 billion community banking organization, currently... 

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Over 1500 financial institutions now utilizing Verafin’s innovative FRAMLx solution

February 23, 2017

Verafin, North America’s leading cross-institutional BSA/AML and fraud detection solution provider, continues to shape and enhance the future of the fight against financial crime. In its Fall 2016 Semiannual Risk Prospective the Office of the Comptroller of the Currency (OCC)...