Results by Most Recent

Filtered by Topic:

  •   CDD/EDD

  Case Study

Reducing Risk

Bell Bank • Location: Fargo, ND Assets: $10.2B • Core Banking System: Fiserv Signature “With Verafin’s Private ATM Owner finder alerts, we discovered we actually... 


Cannabis-Related Businesses

Cannabis-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... 

  Feature Sheet

High-Risk Customer Segmentation

Are you banking high-risk customers you don’t know about? Verafin can help you segment customers in high-risk categories, including Politically Exposed Persons (PEPs), Non-Resident Aliens... 

  Feature Sheet

Enhanced Due Diligence

Institutions are facing challenges in meeting requirements for conducting Enhanced Due Diligence (EDD) reviews of high-risk customers. Managing the volume of reviews created as a... 

  Feature Sheet

Risk Surveillance

Required ongoing surveillance of your high-risk customers can be a challenging, manual process, with unusual activity often uncovered through general AML transaction monitoring. By analyzing... 

  Feature Sheet

Risk Stratification

Typical risk systems use generic models that result in large volumes of high-risk customers. But not all high-risk customers are created equal. A local charity,... 

  Product Brochure

High-Risk Customer Management

Verafin’s end-to-end approach to CDD/EDD and High-Risk Customer Management applies advanced analytics including artificial intelligence and machine learning and incorporates a wide range of data... 

  Archived Webinar

Using Big Data Intelligence for Big Gains in Fighting Crime

Originally Presented: November 7, 2018

Institutions are facing increased pressure to mitigate the risk of fraud and money laundering, and stay compliant. But as workload and costs increase, false positives... 

  Archived Webinar

  Archived Webinar

New FFIEC Exam Procedures for Customer Due Diligence

Originally Presented: June 26, 2018

On May 11, 2018, the FFIEC released new Customer Due Diligence Examination procedures that reflect and codify the requirements of FinCEN’s final CDD rule. These...