Verafin
HQ Address
18 Hebron Way, St. John's, NL A1A 0L9, Canada
Website Address
Business introduction
Anti-Financial Crime Solutions for the World's Biggest Banks
2500 Customer Partners Contribute to our Consortium Approach
Nasdaq Verafin provides cloud-based Financial Crime Management Technology solutions for Fraud Detection, AML/CFT Compliance, High-Risk Customer Management, Sanctions Screening and Management, and Information Sharing. More than 2,500 financial institutions globally, representing more than $8T in collective assets, use Nasdaq Verafin to prevent fraud and strengthen AML/CFT efforts.
Leveraging our unique consortium data approach in targeted analytics with artificial intelligence and machine learning, Nasdaq Verafin significantly reduces false positive alerts and delivers context-rich insights to fight financial crime more efficiently and effectively.
Verafin Solutions
FRAML
FRAML is a consolidated approach to fraud detection and anti-money laundering (AML) that helps reduce your costs while improving your efficiency. There is inherent overlap between fraudulent and money laundering activity — so why analyze and investigate it separately?...
business needs
view solutionFRAMLx
What is FRAMLx? FRAMLx is the next innovation in fraud and money laundering detection through collaboration and cross-institutional analysis. Enabled by the Verafin Cloud, FRAMLx expands an institution’s limited view of customer behavior and activity using advanced cross-institutional detection and the power of 314(b) collaboration....
business needs
view solutionFRAMLxchange
What is the FRAMLxchange collaboration network? The FRAMLxchange secure 314(b) collaboration network offers secure, online collaboration between financial institutions. Users of this service who are signed up for 314(b) can invite other 314(b) contacts to collaborate securely through the Verafin application....
