eBookReporting With ConfidenceCurrency Transaction Reporting is a fact of life for all financial institutions. With millions of Currency Transaction Reports (CTRs) filed each year by thousands of... |
BlogDeconstructing the Currency Transaction ReportFebruary 18, 2020 by Jim Richards With FinCEN reporting increases in BSA report filings year over year, it is likely that over 16 million Currency Transaction Reports, or CTRs, were filed in 2019, each one reporting one or more cash transactions made by or on behalf... |
Feature SheetRegulatory ReportingFederal law requires Canadian financial institutions to report suspicious transactions, and certain electronic funds transfers and large cash transactions to FINTRAC. Investigating, compiling and submitting... |
Archived Webinar2017 Crime Trends & TechnologyOriginally Presented: July 12, 2017 Verafin industry experts: Brendan Brothers, Anti-Financial Crimes Specialist; and Mauriceo Castanheiro, Director of Fraud Analytics; discuss the challenges financial institutions faced to date in... |
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 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 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... |
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... |
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... |
