Case Study

Time for a Change: Making the Switch from AML Manager to Verafin

Share This...

Fairfield County Bank  •  Headquarters: Ridgefield, CT
Assets: $1.9B  •  Core Banking System: Fiserv – DNA

 

“Because Verafin groups people and businesses together we see connections that Fiserv misses.”

Drew Cunningham, BSA Specialist
Fairfield County Bank

Fairfield County Bank in Ridgefield, CT, services customers with a wide variety of transaction behavior. The AML tool they used from their core provider was not cutting it, and they felt as though they were going back in time. They needed a change, a platform that would provide quality alerts, satisfy examiners, successfully integrate with their core, and efficiently and accurately file reports and monitor ongoing suspicious activity. They found it all in Verafin.

Tagged as...

  •   BSA/AML Compliance
  •   CTRs
  •   FRAML
  •   SARs

Related Content