MIDFLORIDA Credit Union
Headquarters: Lakeland, FL
Assets: $8B
Core System: Fiserv – DNA
“Nasdaq Verafin doesn’t just give us data — it gives us clarity. The platform’s ability to surface suspicious patterns across accounts helps us connect the dots faster and respond with precision.”
– Carrie Burns, SVP, BSA Compliance
For MIDFLORIDA Credit Union, banking is more than just numbers on an account ledger — it’s personal. So when a customer initiated a suspicious $745,000 transfer, the institution quickly leveraged Nasdaq Verafin’s Wire Fraud solution and massive consortium data set to identify and prevent a sophisticated Business Email Compromise scam.
What You’ll Learn:
- How real-time wire fraud analytics immediately flagged a suspicious transaction.
- Why consortium data is critical to identifying high-risk payees.
- Why it was an easy decision for the institution to renew their contract with Nasdaq Verafin.
- How the customer was able to avoid any loss and complete their intended home purchase the same day.
Read the full case study to see how Nasdaq Verafin helps institutions like yours fight financial crime — and win.
