What type of company is Verafin?

financial crime management solutions
Verafin is a company which offers financial crime management solutions. It provides a cloud-based cross-institutional software platform for fraud detection, BSA/AML compliance, high-risk customer management, and information sharing.

What is Verafin?

Verafin is the industry leader in Financial Crime Management solutions, providing financial institutions with a cloud-based software platform for Fraud Detection and Management, BSA/AML Compliance and Management, High-Risk Customer Management, and Information Sharing.

Is Verafin a Canadian company?

Nasdaq agreed to acquire Verafin, a Canadian financial fraud-detection company, for $2.75 billion, the companies announced Thursday. Verafin, founded in 2003 in St. John’s, Newfoundland and Labrador, employs machine learning, data analytics and other tools to detect money laundering and fraud.

Who is the CEO of Verafin?

Jamie King’s
CO-FOUNDER. PRESIDENT & CEO Jamie King’s background in robotics and artificial intelligence is what eventually led him to start Verafin back in 2003 along with two other post-grad electrical engineering students, Brendan Brothers and Raymond Pretty.

Who bought verafin?

Nasdaq, Inc.
11, 2021 (GLOBE NEWSWIRE) – Nasdaq, Inc. (Nasdaq: NDAQ), a global technology company, announced today the completion of its acquisition of Verafin, an industry pioneer in anti-financial crime management solutions. The agreement to acquire Verafin was announced on November 19, 2020.

Who started verafin?

Jamie King
Verafin was founded in 2003 by Jamie King, Brendan Brothers, and Raymond Pretty — three engineers involved in graduate studies on artificial intelligence and decision-making systems at Memorial University in St. John’s, Newfoundland and Labrador.

Who owned verafin?

Verafin was founded in 2003 by Jamie King, Brendan Brothers, and Raymond Pretty — three engineers involved in graduate studies on artificial intelligence and decision-making systems at Memorial University in St. John’s, Newfoundland and Labrador.

How many customers does verafin have?

Over 1,000 Verafin clients and 900 additional financial institutions have adopted the platform for collaboration and are now actively sharing information.

Who is verafin and what does it do?

Verafin, a Nasdaq company, is an industry leader in enterprise Financial Crime Management solutions, providing a cloud-based, secure software platform for Fraud Detection and Management, BSA/AML Compliance and Management, High-Risk Customer Management and Information Sharing.

Where is verafin located in St.John NL?

Verafin is a cutting-edge software company focused on delivering next generation anti-fraud and money laundering solutions to financial institutions across North America. Our rapid growth and continuing success means that we have an opening for a IT Manager to join our team based out of St. John’s, NL.

When did NASDAQ announce the acquisition of verafin?

The agreement to acquire Verafin was announced on November 19, 2020. The transaction accelerates Nasdaq’s ongoing evolution into a leading SaaS technology provider and significantly strengthens its existing regulatory and anti-financial crime solutions.

Where can I find verafin fraud detection software?

Today Verafin is one of the North American leaders in fraud detection and AML software. You’ll find our software in nearly 3000 banks and credit unions across North America.