Case Study

One Month, 30% False Positive Reduction

Pinnacle Bank Beats Check Fraud Metric After Metric

Pinnacle Financial Partners

Headquarters: Nashville, TN

Asset Size: $50 Billion

Core System: Jack Henry – Silverlake

In the heart of Nashville’s banking sector, Pinnacle Financial Partners was founded on a bold vision: to be the best financial services firm and the best place to work in the Southeast. That ambition has inspired the bank to lead the industry — and together with Nasdaq Verafin, they have extended that leadership to check fraud prevention with transformative results.

“We’re at a point where the incoming items we’re seeing now are all things we should be able to collect on, and no one will incur a loss. That’s added confidence for our clients and a reputational enhancement for our institution.”

– Kim Norton, Fraud Manager

Read how, in just one month with Nasdaq Verafin’s Check Fraud solution in place, Pinnacle has already realized a 30% decrease in false positive alerts and a 25% increase in prevented losses — and their team is excited to use Nasdaq Verafin across deposit, wire, ACH and card fraud — as well as AML/CFT compliance and management.

  •   Check Fraud

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