Making the Switch: Verafin Rescues First United Bank and Trust from their Adaptive Intelligence BSA/AML Compliance Vendor

First United Bank and Trust  •  Headquarters: Oakland, MD Assets: $1.7B  •  Core Banking System: FIS IBS   “The analytic piece of Verafin is phenomenal. There’s... 

Time for a Change: Making the Switch from AML Manager to Verafin

Fairfield County Bank  •  Headquarters: Ridgefield, CT Assets: $1.9B  •  Core Banking System: Fiserv – DNA   “Because Verafin groups people and businesses together we see... 

Member’s Choice Credit Union

Headquarters: Houston, TX Assets: $708M Core Banking System: Jack Henry – Symitar Episys   “We had the efficiency gain immediately. Verafin does the thinking for us,... 

AML/CFT Compliance & Management

Financial institutions are facing significant challenges in keeping pace with the growing complexities of financial crime. As financial crimes grow more sophisticated and regulatory requirements... 

Case Management

Improving 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... 

Watch List Scanning

Federal law requires financial institutions to scan customers and transactions against watch lists to identify entities that may be involved in possible money laundering or... 

Suspicious Activity Reporting

Suspicious Activity Reports (SARs) are a necessary part of compliance programs for all financial institutions; however, the tasks associated with regulatory reporting are often tedious... 

Detecting Suspicious Activity during Tax Filing Season

Originally 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,... 

Section 314(b): The Best Hope For Collaboration Between Financial Institutions To Combat The Movement Of Illicit Proceeds

In this white paper, Chris Swecker, Former Assistant Director of the FBI, states that “It is no secret that criminals and terrorists have all the... 

Human Trafficking: Modern-Day Slavery

Updated January 31, 2017 Modern slavery is connected to a host of 21st century challenges — from environmental sustainability to advancing the lives of women...