Fact Sheet

Verafin: A Proven Solution to Domestic & Global Authorised Push Payment Fraud

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.

Tagged as...

  •   Fraud
  •   Payments Fraud