Verafin Inc. is a Canadian fraud detection technology and anti–money laundering software company based in St. John's, Newfoundland and Labrador, Canada.[1] The company was established in 2003 by Jamie King, Brendan Brothers, and Raymond Pretty.[2]
Growth and development
More than 1,200 credit unions in the United States use Verafin to effectively fight financial crime. In July 2012, Verafin employed around 130 employees at their St. John's headquarters and Birmingham, Alabama office. It's reported that the company serves around 2,000 clients—mostly small and medium-size banks.[3][4]
On November 19, 2020, American financial services company and stock exchange operator Nasdaq, Inc.