Worldwide criminal networks target your customers without regard for borders or the rule of law. To take decisive action, your institution needs a global view of payment risk. Verafin is the solution — providing holistic protection against domestic and global payment fraud, including Authorised Push Payment (APP) scams, while significantly reducing false positives.
Verafin uses a massive consortium data set to provide comprehensive insight into risk across domestic and global payments — without sharing Personally Identifiable Information (PII). This data set represents insights from thousands of financial institutions and 420 million counterparty profiles for consumer and corporate entities around the world.