Nasdaq Verafin provides financial institutions with an enhanced in-clearing check process, combining known customer information and behaviors with deposit-side risk. The result — a complete check fraud solution with fewer false positives and superior detection, even for the most challenging typologies.
Using consortium counterparty data and machine learning analytics, our approach brings together a complete picture of fraud risk throughout the lifecycle of a check, uncovering fraud faster, disincentivizing criminal networks and reducing Adjustment and Breach of Warranty claims.
Watch now as Mau Castanheiro, Product Expert, delivers a special presentation of Nasdaq Verafin’s comprehensive Check Fraud offering — and discover how you can shift your check fraud approach to a whole-of-industry solution.
