Fact Sheet

Wire Fraud Performance

With wire fraud scams such as Business Email Compromise (BEC) a growing threat, financial institutions are choosing Verafin to prevent loss efficiently and effectively.

Discover the robust functionality of Verafin’s Wire Fraud solution, leveraging intelligently segmented analytics, real-time analysis, and payee confidence in the Cloud for outstanding performance.

  • Alerts on 2% of outgoing wires
  • Detects 90% of true wire fraud
  • Reduces false positive alerts by up to 75%
  •   Fraud
  •   Wire Fraud