Reduce Losses & Improve Visibility with Consolidated Fraud Detection & 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.

Verafin’s Fraud Detection and Management solution leverages rich data integrations and big data intelligence to help detect emerging and evolving fraud trends. Our innovative cross-channel fraud analytics use machine learning and cross-institutional insights from across the Cloud to reduce false positives and improve analytical agent performance. Verafin’s consolidated fraud solution includes centralized case management and enterprise reporting, giving you the visibility you need to manage your fraud strategy across all channels.

Join our Product Experts for a live and insightful presentation as we discuss how you can streamline the fraud management functions at your institution with Verafin’s all-in-one Fraud Detection and Management solution. Learn how Verafin can help your institution reduce fraud losses, strengthen fraud prevention efforts across all channels and departments, and present a complete picture of fraud at your institution to drive strategic decision-making.

Highlights of this presentation will include:

  • A discussion of the challenges facing financial institutions to mitigate and manage fraud: Evolving and emerging threats; growing volume of false positive alerts; siloed departments and operations within institutions; and too many systems to manage fraud efficiently.
  • An overview of Verafin’s Fraud Detection solutions, including real-time fraud prevention capabilities: In-clearing check fraud; mobile, in-branch and ATM deposit fraud; wire & ACH fraud; card fraud; online banking fraud; online account takeover; and loan fraud.
  • A review of Verafin’s Fraud Management solutions: Highly targeted detection analytics and adaptive fraud alerts; configurable fraud reporting; performance dashboards and workforce management; and automated SAR creation and e-filing.
  •   Case Management
  •   Enterprise Reporting
  •   Fraud
  •   Fraud Scams