Verafin

Verafin is the industry's leading Financial Crime Management platform. The Canada-based company offers cloud-based software to financial institutions. Nasdaq Verafin leverages a unique consortium data approach in targeted analytics with artificial intelligence and machine learning to provide solutions for Fraud Detection, AML/CFT Compliance, High-Risk Customer Management, Sanctions Screening and Management, and Information Sharing. With more than 2,500 financial institutions globally, representing more than $8 trillion in collective assets, utilizing Nasdaq Verafin, the company is at the forefront of preventing fraud and strengthening AML/CFT efforts. The company, founded in 2003, operates in the Big Data, Enterprise Software, Finance, Fintech, Information Technology, Privacy, and Security industries. Verafin's recent Debt Financing investment at 25 September 2019 involved key investors such as Scotiabank and Wells Fargo Capital Finance. Their cloud-based technology, powered by artificial intelligence and machine learning, significantly reduces false positive alerts and delivers context-rich insights, enabling financial institutions to combat financial crime more efficiently and effectively. For those looking to explore how Nasdaq Verafin can aid in the fight against fraud and money laundering, they can visit www.verafin.com or call 1-877-368-9986.