AML Compliance and Management

Elevate your Efficiency

Crypto companies face significant anti-financial crime challenges. From meeting compliance requirements, to managing evolving sanctions risks and monitoring blockchain and fiat for suspicious activity, staying ahead of crypto-related financial crime has never been more daunting. Amid these mounting concerns, disparate systems and siloed approaches can leave you at risk — adopting a holistic solution can […]

Anatomy of a Crypto Scam

As digital assets such as virtual currencies become more mainstream within the financial industry, cryptocurrency is increasingly accepted as a new payments channel. Meanwhile, criminals leverage cryptocurrency as a vector to launder money and to evade sanctions, relying on tried-and-true methods to defraud their victims. Financial institutions and crypto companies need to stay informed of […]

Elevate your Efficiency

Crypto companies face significant anti-financial crime challenges. From meeting compliance requirements, to managing evolving sanctions risks and monitoring blockchain and fiat for suspicious activity, staying ahead of crypto-related financial crime has never been more daunting. Amid these mounting concerns, disparate systems and siloed approaches can leave you at risk — adopting a holistic solution can […]

Verafin Financial Crime Management — Fiserv

Amid increasing BSA/AML and fraud challenges, financial institutions using Fiserv core systems are trusting Verafin to stay a step ahead. Our industry-leading enterprise Financial Crime Management platform leverages artificial intelligence and machine learning in highly targeted fraud and money laundering analytics, and by importing an immense data set from multiple sources and analyzes a billion […]

Verafin Financial Crime Management — Jack Henry

Verafin is the industry’s leading Financial Crime Management platform, trusted nearly 700 financial institutions using Jack Henry cores to strengthen compliance and combat evolving financial crimes. Using artificial intelligence and highly-targeted analytical agents, as well as cross-institutional analysis and collaboration through the Cloud, Verafin provides financial institutions with higher-quality alerts, expedites investigations, and drives richer, […]

End-to-End High-Risk Customer Management & CDD/EDD

High-risk customer management is a significant challenge, as financial institutions must balance the needs of their business and customers with heightened regulatory expectations for customers in high-risk categories. These challenges are exacerbated by conventional Customer Due Diligence/Enhanced Due Diligence (CDD/EDD) approaches that result in process inefficiencies, increased costs, and potential gaps in compliance programs. In […]

BSA/AML Compliance and Management

Manual processes, siloed teams and rules-based legacy systems are exacerbating compliance challenges for many institutions across the financial industry. With mounting pressure from sophisticated financial crimes and changing regulatory requirements, managing daily compliance tasks and uncovering suspicious activity without an efficient and effective BSA/AML solution can result in strained compliance programs, increased operational costs, and […]

Reduce Losses & Improve Visibility with Consolidated Fraud Detection and Management

Financial institutions are facing significant challenges in combating increasing and ever-changing fraud scams. Using multiple fraud detection systems across siloed fraud and operational teams makes detecting fraudulent activity, managing alert volume and reporting losses extremely challenging and can result in an overall lack of visibility into the full scope of fraud occurring at your institution. […]

Strengthening Investigations with Counterparty Data

As criminals grow increasingly sophisticated, financial crime investigators need to understand their customers and the counterparties they interact with. More than ever, financial institutions need data-driven solutions that offer a complete view of customer behavior and transactions to confidently assess risk. Leveraging a consortium approach, Verafin extracts counterparty data from multiple financial systems and resolves […]