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... |
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... |
Feature SheetHigh-Risk Customer SegmentationAre 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 SheetEnhanced Due DiligenceInstitutions 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 SheetRisk SurveillanceRequired 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 SheetRisk StratificationTypical 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 BrochureHigh-Risk Customer ManagementVerafin’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 WebinarUsing Big Data Intelligence for Big Gains in Fighting CrimeOriginally 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 WebinarLearning from Fraud Detection: Segmenting AML to Fight Financial CrimeOriginally Presented: October 11, 2018 |
Archived WebinarNew FFIEC Exam Procedures for Customer Due DiligenceOriginally 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... |
