TOPIC: 314(b) Information Sharing

Demonstration | BSA/AML Compliance and Management: Uncover Suspicious Activity & Strengthen Compliance - Join us Jan 13

January 13 at 12:30 PM - 01:30 PM EST
BSA/AML Compliance and Management
Uncover Suspicious Activity & Strengthen Compliance

Register Now


Today’s landscape of changing regulatory requirements creates enormous pressure for compliance professionals to uncover potential money laundering and stay ahead of suspicious activity. Yet, many financial institutions still rely on legacy systems, broad rules and manual processes to manage daily compliance tasks.

Join us as we demonstrate how Verafin’s Financial Crime Management platform uses a big data intelligence approach, leveraging artificial intelligence and machine learning to significantly reduce false positives and generate higher quality alerts. You will see how Verafin enhances anti-money laundering efforts with complete BSA/AML functionality to strengthen compliance and enhance your ability to detect, investigate and report potentially suspicious activity.

Highlights of this software demonstration will include:
  • Risk-rated targeted BSA/AML alerts and scenarios
  • High-Risk Customer Management and end-to-end Customer Due Diligence/Enhanced Due Diligence (CDD/EDD)
  • Alert threshold testing and performance monitoring
  • Integrated Case Management
  • Automated regulatory reporting of SARs and CTRs
  • 314(b) Information Sharing
Register Now

    BSA/AML Compliance, Fraud Detection & High-Risk Customer Management

    A Consolidated Financial Crime Management Platform
    October 7, 12:30 PM EST
    Register

    Criminals are profiting from sophisticated attacks against financial institutions left vulnerable and exposed by the inefficiencies of manual processes, siloed departments and disparate point solutions. With traditional approaches to financial crime management now largely ineffective, a cloud-based platform that evolves alongside criminal trends to quickly provide cutting-edge analytics, expedite investigations and provide holistic insights for law enforcement is more important than ever.

    Join us for an engaging overview of Verafin’s cloud-based, consolidated Financial Crime Management platform — a complete solution to detect, investigate and report financial crime. Our expert presenters will explore the power of Verafin’s big data intelligence approach, highly targeted detection scenarios enriched with open-source and third-party data, cross-institutional analysis, and collaboration through the Verafin Cloud.

    Highlights from this special overview demonstration include:
    • End-to-end High-Risk Customer Management and Customer Due Diligence/Enhanced Due Diligence (CDD/EDD) including an Account Opening Questionnaire; high-risk customer identification and segmentation analytics; 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 & ACH fraud, debit card fraud, loan fraud, and elder financial abuse.
    • Risk-rated alerts enriched with third-party, open-source and cloud-based data.
    • Visual storytelling to provide you with more information, help expedite investigations and strengthen reporting.
    • Cross-institutional detection and 314(b) Information Sharing to facilitate collaborative investigations between 314(b)-registered institutions.
    • Complete BSA/AML Compliance & Management with process automation including regulatory reporting for SARs and CTRs, OFAC/Watch List scanning, Case Management, Enterprise Reporting, etc.
    Register

    Verafin is proud to be the endorsed provider of Financial Crime Management software for the Western Bankers Association, Texas Bankers Association, Florida Bankers Association, Massachusetts Bankers Association, and CUNA Strategic Services, and has industry endorsements in 48 states across the U.S.

    Verafin is the industry leader in financial crime management solutions, providing a cloud-based cross-institutional software platform for Fraud Detection and Management, BSA/AML Compliance and Management, High-Risk Customer Management and Information Sharing. Nearly 3000 banks and credit unions use Verafin to effectively fight financial crime and comply with regulations. Leveraging its unique big data intelligence, visual storytelling and collaborative investigation capabilities, Verafin significantly reduces false positive alerts, delivers context-rich insights and streamlines the daunting BSA/AML compliance processes that financial institutions face today.

      Demo | BSA/AML Compliance, Fraud Detection & High-Risk Customer Management - Join us Aug 12

      August 12 at 12:30 PM - 01:30 PM EST
      BSA/AML Compliance, Fraud Detection & High-Risk Customer Management
      A Consolidated Financial Crime Management Platform

      Register Now

      Conventional approaches to financial crime management are now largely ineffective, with opportunistic criminals outsmarting inefficient manual processes and disparate point solutions. As fraudsters gain momentum, a cloud-based platform that evolves alongside criminal trends and provides holistic insights is more important than ever.

      Join us for an engaging overview of Verafin’s cloud-based, consolidated Financial Crime Management platform — a complete solution to detect, investigate and report financial crime. Our expert presenters will explore the power of Verafin’s big data intelligence approach, highly targeted detection scenarios enriched with open-source and third-party data, cross-institutional analysis, and collaboration through the Cloud.

      Register Now

        Demonstration | BSA/AML Compliance and Management: Uncover Suspicious Activity & Strengthen Compliance - Join us Aug 5

        August 05 at 12:30 PM - 01:30 PM EST
        BSA/AML Compliance and Management
        Uncover Suspicious Activity & Strengthen Compliance

        Register Now

        Today’s landscape of changing regulatory requirements creates enormous pressure for compliance professionals to uncover potential money laundering and stay ahead of suspicious activity. Yet, many financial institutions still rely on legacy systems, broad rules and manual processes to manage daily compliance tasks.

        Join us as we demonstrate how Verafin’s Financial Crime Management platform uses a big data intelligence approach, leveraging artificial intelligence and machine learning to significantly reduce false positives and generate higher quality alerts. You’ll see how Verafin enhances anti-money laundering efforts with complete BSA/AML functionality to strengthen compliance and enhance your ability to detect, investigate and report potentially suspicious activity.

        Highlights of this software demonstration will include:
        • Risk-rated targeted BSA/AML alerts and scenarios
        • High-Risk Customer Management and end-to-end CDD/EDD
        • Alert threshold testing and performance monitoring
        • Integrated financial crime Case Management
        • Automated regulatory reporting of SARs and CTRs
        • 314(b) Information Sharing
        Register Now

          2020 Verafin Virtual Tour | Fraud Detection & BSA/AML Online Event - Join us Jun 17

          2020 Verafin Virtual Tour
          Fraud Detection & BSA/AML Online Event

          June 17, 2020 from 12:00pm - 5:00pm EST

          Register Now

          Join hundreds of attendees from coast to coast for our next Verafin Virtual Tour on Wednesday, June 17, 2020 from 12:00pm – 5:00pm EST. Complimentary and online, this leading industry event is available wherever you are — and experiencing our exceptional presentations on the hottest topics, including COVID-19-related financial crime, has never been easier.

          We are thrilled to have Jim Richards, former Director of Financial Crimes Risk Management at Wells Fargo, join the Virtual Tour as our featured speaker to provide invaluable insight and perspective as an industry expert.

          Our agenda will feature discussion on the ongoing COVID-19 pandemic and the ways this has impacted financial institutions. We will examine new challenges for AML compliance, the types of COVID-19-related fraud scams that have emerged and how we can help you protect your customers.

          Participate in live Q&A sessions with industry experts that will take place after each presentation. A full team of experts will be available to respond to your questions live – ask questions directly to our team during sessions on fraud, AML and high-risk customer management. Any questions that are not addressed during the event will be followed up on shortly afterwards by our team.

          Attendees will also have the unique opportunity to participate in interactive polls on crisis-related trends, the future of AML, best practices for high-risk customer management, and fraud trends and technology.  Provide your feedback on current trends and challenges to see how it compares with over a thousand of your peers.

          Attendees will receive 5 CAMS, 6 CAFP, 6 CRCM credits, or up to 5 Continuing Professional Education (CPE) credits towards industry accreditation programs, such as CFE and CFCS.

          Visit the Tour website for up-to-date event details, to download the agenda and register for free.

          Register Now

            Demonstration | BSA/AML Compliance and Management - Join us May 27

            May 27 at 12:30 PM - 01:30 PM EST
            BSA/AML Compliance and Management
            Uncover Suspicious Activity & Strengthen Compliance

            Register Now


            Today, there is enormous pressure on compliance professionals to uncover potential money laundering and keep ahead of changing regulatory requirements. The need to reduce false positives and generate higher quality alerts is critical for a proactive view of suspicious activity and to enhance your institution’s ability to detect, investigate and report it.
             
            Join us as we demonstrate how Verafin’s end-to-end BSA/AML Compliance and Management software uses a big data intelligence approach, leveraging artificial intelligence and machine learning to proactively alert you to a wide range of suspicious activity. See how your institution can have a complete view with enterprise case management and reporting, along with threshold testing and performance management for added confidence in examinations — all in a single, consolidated platform.

            Register Now

              Demonstration | BSA/AML Compliance and Management - Join us May 27

              May 27 at 12:30 PM - 01:30 PM EST
              BSA/AML Compliance and Management
              Uncover Suspicious Activity & Strengthen Compliance

              Register Now


              Today’s landscape of changing regulatory requirements creates enormous pressure for compliance professionals to uncover potential money laundering and stay ahead of suspicious activity. Yet, many financial institutions still rely on legacy systems, broad rules and manual processes to manage daily compliance tasks.

              Join us as we demonstrate how Verafin’s Financial Crime Management platform uses a big data intelligence approach, leveraging artificial intelligence and machine learning to significantly reduce false positives and generate a higher quality of alerts. You’ll see how Verafin enhances anti-money laundering efforts with complete BSA/AML functionality to strengthen compliance and enhance your ability to detect, investigate and report potentially suspicious activity.

              Highlights of this software demonstration will include:
              • Risk-rated targeted BSA/AML alerts and scenarios
              • High-Risk Customer Management and end-to-end CDD/EDD
              • Alert threshold testing and performance monitoring
              • Integrated financial crime Case Management
              • Automated regulatory reporting of SARs and CTRs
              • 314(b) Information Sharing
              Register Now