Product BrochureFinancial Crime ManagementThe Verafin Financial Crime Management platform is a cross-institutional, cloud-based solution utilizing the latest advances in artificial intelligence and machine learning. Innovative analytics examine the... |
Case StudySwitching to Stay CompliantCity Bank • Location: Lubbock, TX Assets: $3.7B • Core Banking System: Jack Henry – Silverlake System “When we moved over to Verafin, it made... |
eBookHow to Effectively Manage High-Risk CustomersToday, institutions are facing increased regulatory pressures governing Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) procedures, particularly regarding high-risk customers. This eBook discusses... |
Case StudyPartners in Fighting CrimeRandolph-Brooks Federal Credit Union • Location: Live Oak, TX Assets: $14B • Core Banking System: Fiserv – DNA “I have been using Verafin for over... |
Case StudyReducing RiskBell Bank • Location: Fargo, ND Assets: $10.2B • Core Banking System: Fiserv Signature “With Verafin’s Private ATM Owner finder alerts, we discovered we actually... |
Archived WebinarBanking Marijuana Related BusinessesOriginally Presented: March 14, 2019 As the cannabis industry continues to grow in the US, financial institutions are facing increased regulatory uncertainty and due diligence challenges for banking marijuana-related businesses... |
InfographicCannabis-Related BusinessesCannabis-related businesses (CRBs) have been receiving a lot of attention lately. This growing industry is already worth more than $17 billion in the U.S., with... |
Case StudyMaking a DifferenceA Midwestern State Bank Assets: Approx. $3.4B “Partnering with Verafin has made a huge impact for us over the years. They take such great care... |
Archived WebinarCollaborative Investigations: Connecting the Dots to Stop CrimeOriginally Presented: December 5, 2018 Fraudsters and money launderers do not limit their illicit activities to a single institution. As crime rings evolve, they find new and innovative ways to... |
BlogFinCEN and Federal Banking Agencies Encourage Banks to InnovateDecember 4, 2018 by Verafin A joint statement released on Dec. 3, 2018, by the Financial Crimes Enforcement Network (FinCEN) and its regulatory partners — the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and... |
