Verafin
The industry's leading Financial Crime Management platform.
Overview
Verafin provides a cloud-based, secure software platform for Fraud Detection and Management, AML/CFT Compliance and Management, High-Risk Customer Management, and Information Sharing. Leveraging a large consortium data set, Verafin uses advanced analytics and artificial intelligence to help financial institutions fight financial crime.
✨ Key Features
- Fraud Detection and Management
- AML/CFT Compliance
- High-Risk Customer Management
- Sanctions Screening
- Information Sharing (Verafin InfoShare)
- Consortium Analytics
🎯 Key Differentiators
- Cloud-native platform
- Focus on collaboration and information sharing
- Advanced analytics and machine learning
Unique Value: Helps financial institutions to fight financial crime more effectively by providing a single, collaborative platform that leverages the power of AI and machine learning.
🎯 Use Cases (3)
✅ Best For
- Cross-institutional financial crime detection
- AML compliance for mid-sized banks and credit unions
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Very small financial institutions with limited budgets
🏆 Alternatives
Offers a more modern and collaborative approach to financial crime management compared to traditional, on-premise solutions.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (All tiers tier)
🔒 Compliance & Security
💰 Pricing
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