What is FRAMLx?
FRAMLx is a cloud-based, consolidated approach to fraud detection, anti-money laundering and high-risk customer management. It analyzes the complete picture of a customer and their activity, alerting you quickly to potentially suspicious behavior.
Criminals perform illicit activity across multiple transaction channels and numerous financial institutions. Verafin uses artificial intelligence and machine learning for cross-institutional, multi-channel analysis to show you the truly unusual activity with a single alert, saving you time and providing you with the information you need to decide how to proceed.