Machine Learning: Higher Performance Analytics for Lower False Positives

August 2, 2019 by Nasdaq Verafin

Rich Data Approach Provides Rich Rewards for Fraud Team

Digital Federal Credit Union (DCU)  •  Location: Marlborough, MA Assets: $8.6B*  •  Core Banking System: Fiserv – XP2   “Within the first couple of alerts... 

Protecting the Vulnerable at a Confluence of Crime

Community First Credit Union  •  Location: Jacksonville, FL Assets: $1.6B*  •  Core Banking System: Symitar Episys “The advanced nature of Verafin’s software and their dedication... 

Elder Financial Abuse: Protecting Vulnerable Customers from Fraud

Originally Presented: May 10, 2018

Elder Abuse is a growing crime that should compel everyone to take action. While it is believed that as few as 1 in 14 cases... 

How to Reduce Deposit Fraud Losses with Adaptive Alerts

Originally Presented: May 3, 2018

Fraudsters are continuing to target financial institutions and their customers with a variety of schemes to inflict losses, in particular across in-branch, ATM, and mobile... 

Placing a Hold on Check Fraud

Veridian CU  •  Headquarters: Waterloo, IA Assets: $3.3B*  •  Core Banking System: Fiserv DNA   “In August, we prevented $175,000 and so far in 2017 we’ve... 

Fraud Trends Targeting Credit Unions & Members

Originally Presented: October 4, 2017

Verafin is proud to present this educational webinar for the benefit of CUNA credit unions.   Mauriceo Castanheiro, industry expert and Verafin’s Director of Fraud... 

Real-time Deposit Fraud Detection

Verafin helps financial institutions combat the growing threat from fraudulent deposits with advanced machine learning agents and smart investigation tools to uncover first-party deposit fraud... 

2017 Crime Trends & Technology

Originally 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... 

Romance Fraud Scams

July 9, 2017 by Nasdaq Verafin

Crime prevention is regularly focused on statistics and numbers. High dollar losses make for eye-catching headlines, sometimes making it easy to forget that fraud has a very human impact. If there is one thing we know about criminals, it’s that...