Case StudyMoving Beyond Manual ProcessesFirst National Bank Texas • Headquarters: Killeen, TX Assets: $3.7B • Core Banking System: FIS Horizon “It is great being prompted to investigate people... |
Case StudyAdopting an Intelligent ApproachIndustrial Bank • Headquarters: Washington, DC Assets: $592M • Core Banking System: Fiserv Premier “Rather than trying to put the pieces of the puzzle... |
Case StudyCatching the UnseenMerck Sharp & Dohme • Headquarters: Chalfont, PA Assets: $789M • Core Banking System: Fiserv DNA “I can now see what is going on in... |
Case StudyImproved Fraud DetectionNeighbors Federal Credit Union • Headquarters: Baton Rouge, LA Assets: $1.2B • Core Banking System: Fiserv DNA “Knowing Verafin is behind me and looking... |
Case StudyBreaking Down WallsBankNewport • Headquarters: Middletown, RI Assets: $2.2B • Core Banking System: Fiserv DNA “We can now see the trends going through the accounts. Now we... |
Case StudyStepping up to the Next LevelThomaston Savings Bank • Headquarters: Thomaston, CT Assets: $1.5B • Core Banking System: Fiserv DNA “Prior to using Verafin we had AML and fraud separated…... |
Case StudyBringing it all TogetherTropical Financial Credit Union • Headquarters: Pembroke Pines, FL Assets: $939M • Core Banking System: Fiserv Spectrum “When your compliance processes are manual you... |
BlogThe CDD Final Rule: Seven Things to RememberJuly 7, 2016 by Verafin Until now, the lack of any general requirement for financial institutions (FIs) to know and verify the identity of the beneficial owners of their entity customers created the opportunity for criminal exploitation of the banking system through anonymous access. This... |
Case StudyAn Easy Decision: First National Bank of Granbury on Choosing VerafinFirst National Bank of Granbury • Headquarters: Granbury, TX Assets: $833M • Core Banking System: FIS Horizon “It also strengthens OFAC compliance in this same... |
Case StudyLike Comparing Apples to Oranges: RiverLand FCU is Rescued by VerafinRiverLand FCU • Headquarters: New Orleans, LA Assets: $296M • Core Banking System: Jack Henry “Verafin gave us a real-time solution: a lot of different... |
