Case StudyMaking the Switch: Verafin Rescues First United Bank and Trust from their Adaptive Intelligence BSA/AML Compliance VendorFirst United Bank and Trust • Headquarters: Oakland, MD Assets: $1.7B • Core Banking System: FIS IBS “The analytic piece of Verafin is phenomenal. There’s... |
Case StudyTime for a Change: Making the Switch from AML Manager to VerafinFairfield County Bank • Headquarters: Ridgefield, CT Assets: $1.9B • Core Banking System: Fiserv – DNA “Because Verafin groups people and businesses together we see... |
Case StudyA More Efficient ProcessPrime Trust Federal Credit Union • Headquarters: Muncie, IN Assets: $210M • Core Banking System: Jack Henry – Symitar Episys “The training we received was... |
Case StudyMember’s Choice Credit UnionHeadquarters: Houston, TX Assets: $708M Core Banking System: Jack Henry – Symitar Episys “We had the efficiency gain immediately. Verafin does the thinking for us,... |
Feature SheetBSA/AML Compliance & ManagementFinancial institutions are facing significant challenges in keeping pace with the growing complexities of financial crime. As financial crimes grow more sophisticated and regulatory requirements... |
Feature SheetCase ManagementImproving the effectiveness of investigations is critical to successfully understanding and preventing financial crime. Verafin includes a fully-integrated Case Management functionality, which lets you create... |
Feature SheetWatch List ScanningFederal law requires financial institutions to scan customers and transactions against watch lists to identify entities that may be involved in possible money laundering or... |
Feature SheetSuspicious Activity ReportingSuspicious Activity Reports (SARs) are a necessary part of compliance programs for all financial institutions; however, the tasks associated with regulatory reporting are often tedious... |
Archived WebinarDetecting Suspicious Activity during Tax Filing SeasonOriginally Presented: January 26, 2016 Tax Refund Fraud is a multifaceted, growing crime — in 2013 over $5.8 billion in fraudulent refunds was processed. With Suspicious Tax Fraud analysis in Verafin,... |
