The Open Press - Press Release News Wire
  Thursday, September 16th 2021 - 3:35pm EDT
PRESS RELEASE NEWS WIRE         
     FRONT PAGE     |     ARCHIVES     |     ABOUT US     |     FAQS      
Welcome Guest User  ( LOG IN )      SUBMIT A RELEASE   ADD A FIRM   
Sorting Options

By Country

By Metro Area

By Industry

Member Options


Register

Login

Recover Password

Email Alert
Site Navigation

Home

Services & Fees

Press Release Guidelines

Submit a Press Release

Company Directory

Contact Us

RSS Feeds

Help

|Press Releases|Pro PRs|Book Reviews|Articles (OP-ED)|News|Exposé|PR Firms|


Verafin Wins 3 Awards from St. John's Board of Trade, including Business Excellence Award

Submitted by: Flash News Release

2011-12-31 00:04:23

del.icio.us digg facebook Email twitter print

Verafin Inc., a leading provider of compliance, fraud detection and anti-money laundering (AML) software, today announced it received three awards from the St. John's Board of Trade, presented at the association's recent 19th annual Business Excellence Awards event.

St. John's, NL (Canada) (OPENPRESS) December 31, 2011 -- Verafin Inc. ( http://www.verafin.com ), a leading provider of compliance, fraud detection and anti-money laundering (AML) software, today announced it received three awards from the St. John's Board of Trade, presented at the association's recent 19th annual Business Excellence Awards event.

The awards honored the company in three categories for "Innovation," "Growth in domestic and export markets," and the top distinction of the year, the "Business Excellence Award."

Brian Whiteway, Verafin chief financial officer, was on hand to collect the awards.

"We're extremely pleased and humbled to be recognized by the local business community," said Whiteway. "It's really a testament to the hard work and the efforts of the 118 people both here in Canada and our office in?Alabama. We certainly wouldn't be the company we are without them."

Most recently, Verafin ( http://www.verafin.com ) announced it expanded operations by opening a new corporate office in Birmingham, Alabama, signaling the company's continued growth and customer success driven by its industry-leading, FRAML™ solution for nearly 800 banks and credit unions in the U.S. and Canada.

Verafin's FRAML™ solution utilizes artificial intelligence and behavior pattern-based recognition to detect suspicious activity. Bringing fraud detection and AML (FRAML™) processes together effectively alerts compliance officers and fraud professionals of suspicious behavior and anomalies while improving investigations and satisfying compliance with BSA/AML regulations.

About Verafin:
Verafin is a North American leader in fraud detection and anti-money laundering solutions for financial institutions, with nearly 800 customers that span 65 core processing systems and a broad asset range. Verafin helps financial institutions comply with the Bank Secrecy Act, USA PATRIOT Act, and FACTA regulations, while also helping to protect against fraud. Verafin is the exclusive provider of fraud detection and BSA/AML software for the California Bankers Association, Massachusetts Bankers Association, CUNA Strategic Services and 40 credit union leagues and associations in the United States. For more information, visit http://www.verafin.com , email us at FRAML@verafin.com or call 1-866-781-8433.

© 2011 Verafin Inc. All rights reserved. All other company and product names may be trademarks of their respective owners.

Press & Media Contact:
Catherine Warren
Verafin, Inc
570 Newfoundland Drive
St. John's, NL A1A 5B1 - Canada
(709) 752-3050 x3242
catherine.warren@verafin.com
http://www.verafin.com .




Contact Info

Flash News Release
Phone: Not Given
Website: http://www.flashnewsrelease.com



Release Info

Metro Area: ALL REGIONS (Including International) Read More from this Metro Area
Country: United States Read more from this Country
Industry: Technology Read more from this Industry
Press Keywords: compliance, fraud detection, anti money laundering, financial institutions, software, AML, AML software
Press Company: Verafin, Inc
Press Site: http://www.verafin.com




 


Copyright © 2021
The Open Press - Professional Press Release News Wire.
All rights reserved.


   Home|About Us|Archives|Faqs|Services & Fees|Guidelines|Submit Release|Register|Privacy Policy|Contact Us|RSS Feeds|Email Alert