United States
United States
NewsOver 200 additional banks and credit unions choose Verafin to meet their financial crime fighting needsFebruary 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... |
NewsUnited Bank chooses VerafinJanuary 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... |
NewsTBA Endorses Verafin’s FRAML and FRAMLx SolutionsMay 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... |
NewsVerafin Chosen by First Interstate Bank to Help Prevent Financial CrimeApril 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... |
NewsOver 1500 financial institutions now utilizing Verafin’s innovative FRAMLx solutionFebruary 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)... |
NewsWithin weeks of release Verafin’s innovative account fraud detection analytics help Logix FCU prevent thousands of dollars in fraud lossesOctober 26, 2016 St. John’s, Newfoundland – Verafin, an industry-leader in cloud-based fraud detection and anti-money laundering software (FRAMLx), announced a significant step forward in the development of next generation analytics that are helping financial institutions (FIs) detect and prevent account fraud. Verafin... |
NewsVerafin announces 2016 FRAMLxpo Conferences with Guest Speakers Chris Swecker and Juan LlanosOctober 3, 2016 St. John’s, Newfoundland – Starting October 4th, Verafin begins its 2016 FRAMLxpo, a series of four free regional fraud detection and anti-money laundering (AML) conferences for financial crime investigators, with stops in Texas, California, Connecticut, and Illinois. Each stop includes... |
NewsBanks and Credit Unions Increase Usage of FRAMLx Cross-Institutional Collaboration to Stop Financial CrimeMay 10, 2016 In the past 4 months, membership in FRAMLxchange, Verafin’s Secure 314(b) Collaboration Network, experienced 51% growth. Financial institutions from coast-to-coast are facing an age-old problem with a new twist — the modern criminal — whose attacks are more organized and... |
NewsVerafin’s New Tax Fraud Analytic Helps Banks and Credit Unions Detect Fraudulent Refunds — Filing Deadline Just Weeks AwayApril 7, 2016 With the tax season in full swing, fraudsters will attempt to exploit the personal information of U.S. taxpayers to pocket millions of dollars in fraudulent tax refunds — illicit funds they will look to move through the financial system. Today,... |
NewsVerafin announces 2016 FRAMLx Tour: fraud detection and AML regional seminarsDecember 7, 2015 Verafin Inc. has announced 2016 dates, guest speakers and locations across the United States for their highly successful FRAMLx Tour. Last year, more than 3000 industry professionals registered for Verafin’s fraud detection and anti-money laundering regional seminars to learn about... |
