Enterprise BSA/AML Compliance Solutions
Verafin enhances anti-money laundering efforts and ensures regulatory compliance for financial institutions with end-to-end BSA/AML solutions, including ongoing development and delivery of targeted analytics for financial crime detection.
Verafin’s BSA/AML Compliance and Management solutions monitor transactions across multiple channels and automatically analyze a customer’s profile and historical behavior. With big data intelligence across the Cloud, Verafin integrates and analyzes cross-institutional data, third-party data, and open-data sources to reduce false positives and generate high-quality alerts. By utilizing artificial intelligence and machine learning, Verafin proactively alerts you to a wide range of potentially suspicious activity and financial crime, including structuring, money laundering, human trafficking, and terrorist financing.