Fiserv AML Risk Manager vs Nasdaq Verafin
Fiserv AML Risk Manager
fiserv.comNasdaq Verafin
verafin.comSide by side
| Figure | Fiserv AML Risk Manager | Nasdaq Verafin |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| API | — | Yes |
| Self-hosted | Yes | — |
| Plans published | 1 | 1 |
| Spec score · Anti-Money Laundering Software | 7.7 (#4) | 7.8 (#2) |
| Spec score · AML Compliance Software | 7.6 (#8) | 7.7 (#6) |
| Headquarters | Milwaukee, Wisconsin, United States | St. John's, Newfoundland and Labrador, Canada |
| Integrations | The watch list filtering feature can screen custom lists and lists provided by third-party data service providers. | Nasdaq Verafin says it interfaces with more than 100 data sources, including 65 core banking systems and electronic funds transfer, switch, teller, ACH, wire, check imaging, and online banking platforms. |
| Purpose | AML Risk Manager helps financial institutions, insurance companies and investment firms detect, manage and report suspicious activity. | Nasdaq Verafin provides financial crime management solutions for detecting, investigating, and reporting fraud and suspicious activity. |
| Security | Fiserv says its cybersecurity approach includes continuous monitoring, proactive risk management and resilience testing. | The company describes lifecycle security controls including field-level encryption, data hashing, application data masking, role-based access management, and cryptographic data destruction. |
Plans
In their own words
Fiserv AML Risk Manager
Fiserv AML Risk Manager has no write-up on Specifiction yet; its figures are above.
Nasdaq Verafin
Nasdaq Verafin is a cloud-based financial crime management platform for financial institutions. It combines fraud detection, AML/CFT monitoring, high-risk customer management, sanctions screening, case work, and regulatory reporting. Fraud alerts span deposits, checks, wires, ACH, account takeovers, cards, and loans. AML/CFT analytics examine transactions across channels alongside customer profiles and historical behavior, and can identify activity such as structuring and potential terrorist financing. The platform can identify, segment, risk-score, and monitor customers in higher-risk categories. Investigators can document cases, attach files, assign tasks, and record decisions. Currency Transaction Reports and Suspicious Activity Reports can be populated, reviewed, and submitted electronically to FinCEN. Data connections use APIs and batch files, with customized extracts and formats including Check21, NACHA, Fedwire, SWIFT, and ISO8583. The Entity Research Copilot automates open-source and negative-news research and creates cited records. An Agentic AI Workforce automates anti-financial-crime workflows from alert dispositioning through investigations and reporting.