Verafin
Cloud-based anti-financial crime software for Canadian banks and credit unions
About Verafin
Verafin provides cloud-based solutions to combat financial crime, enhance regulatory compliance, and improve investigative efficiency. With automated FINTRAC reporting, wire fraud detection, and real-time transaction monitoring, Verafin leverages consortium analytics and AI to strengthen security and operational resilience.
FAQ
Nasdaq Verafin supports the FINTRAC Gen2 regulatory reporting formats for STR Suspicious Transaction Reports (STRs), EFTR Electronic Funds Transfer Reports (EFTRs), and LCTR Large Cash Transaction Reports (LCTRs).
Nasdaq Verafin combines behavioral evidence with consortium analytics to effectively and efficiently combat fraudulent wire transfers.
Nasdaq Verafin integrates, resolves, and enriches data from hundreds of data sources and thousands of institutions across the Cloud, analyzing over 1.1 billion transactions each week.
The flexible product offerings include Real-Time Risk Scores via API, Real-Time Transaction Monitoring, and Enterprise Fraud, Alert & Case Management.
Nasdaq Verafin offers solutions to strengthen regulatory compliance and improve investigative efficiency for Canadian banks and credit unions.
Nasdaq Verafin has received high customer success scores, reflecting numerous case studies, strong market perception, and solid customer support.
Alternatives to consider
Community ratings & full list
Categories
Claim this tool
Are you the founder? Claim your profile to update details and track views.
Claim tool