Verafin Financial Crime Management — Jack Henry

Exclusively for institutions on Jack Henry core banking systems

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, more detailed reporting.

Discover Verafin’s Financial Crime Management platform, in this special event exclusively for institutions using Jack Henry cores. Expert presenters illustrate our proven integration with your core banking system and highlight key features of Verafin, such as:

  • End-to-end High-Risk Customer Management and CDD/EDD including an Account Opening Questionnaire; high-risk customer identification and segmentation; automated risk-review workflows; and stratified, configurable risk-models for high-risk customers.
  • Targeted AML scenarios including structuring, international activity, terrorist financing, human trafficking and funnel accounts.
  • Targeted Fraud scenarios including first-party deposit fraud, deposit fraud scams, online account takeover, wire and ACH fraud, debit card fraud, loan fraud and elder financial abuse.
  • Risk-rated alerts enriched with data from your Jack Henry core, third-party, open-source and cloud-based data.
  • Visual storytelling to provide you with more information at your fingertips, help you expedite investigations and strengthen reporting.
  • Cross-institutional analysis and 314(b) Information Sharing that facilitates collaborative investigations between 314(b)-registered institutions.
  • Complete BSA/AML Compliance and Management with process automation, including regulatory reporting for SARs and CTRs, OFAC/Watch List scanning, Case Management, Enterprise Reporting, etc.

Tagged as...

  •   314(b) Information Sharing
  •   BSA/AML Compliance
  •   FRAML
  •   Fraud
  •   High-Risk Customer Management