NewsVerafin Receives C$60 Million Growth Investment from Spectrum EquityMay 15, 2014 Verafin Inc., the leading provider of fraud detection and anti-money laundering (FRAML) software to North American financial institutions, announced today a C$60 million investment by Spectrum Equity, a leading growth equity firm focused on the information economy. The investment for a substantial minority stake in the company will support... |
NewsIllinois Bankers Association Chooses Verafin to Help Protect its Members from Financial CrimeJanuary 15, 2014 Verafin Inc., North America’s leading Fraud Detection and Anti-Money Laundering (AML) software provider, announced a new exclusive partnership with the Illinois Bankers Association (IBA) today. After an extensive review of fraud detection and AML software vendors, the IBA chose Verafin... |
NewsVerafin Announces Strategic Alliance with Harland Financial SolutionsAugust 13, 2013 Verafin Inc., a leading provider of fraud detection and anti-money laundering (FRAML) software, today announced a strategic alliance agreement with Harland Financial Solutions. Harland Financial Solutions serves over 6,000 financial institutions with comprehensive software and services that help drive performance... |
NewsVerafin and Fundtech Partner to Further Enhance the Industry’s Leading Real-Time Online Fraud Detection AnalyticsMay 20, 2013 With financial institutions from coast-to-coast struggling to protect themselves and their customers from the devastation of online fraud, banks and credit unions are increasingly turning to Verafin’s proven real-time online fraud detection analytics. Today, Verafin announced a partnership with Fundtech,... |
NewsVerafin announces 5th Annual User Conference focused on fighting financial crime, Sep 11-13, 2013 in Scottsdale, ArizonaMay 14, 2013 Open for registration, this premier three-day event will see Verafin product experts, customers, and industry professionals converge on Scottsdale, Arizona for a conference packed with an exciting mix of educational and real-world content focusing on energizing the fight against financial... |
NewsOver 1,000 Banks and Credit Unions use Verafin’s Software Solution to Fight Financial CrimeMarch 26, 2013 With the growing complexity and organization of criminal activity, in tandem with an increasing emphasis on regulatory compliance, financial institutions are looking for an advanced solution to ease the burden. In a recently released white paper entitled “The Rise of... |
NewsVerafin Records Another Year of Revenue and Bookings GrowthFebruary 21, 2013 Verafin Inc., a leading provider of fraud detection and anti-money laundering (FRAML™) software, today announced another year of growth with a nearly 50% increase in bookings and revenue versus 2011. “We have made a significant investment to create the ultimate... |