Feature Sheet

Loan Fraud Detection

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Verafin alerts you to potentially suspicious loan charge-offs and loans at risk of being charged-off, helping improve communication between BSA/AML, fraud detection, and Collections professionals. Institutions are also alerted when entities with loans at your FI have a history of loan charge-offs across FIs in the Verafin Cloud, giving you an early opportunity to avoid potential loss by uncovering fraudsters hiding in your institution.

Tagged as...

  •   Fraud
  •   Fraud Scams
  •   Identity Theft
  •   Loan Fraud