ST. JOHN’S, Newfoundland--(BUSINESS WIRE)--Verafin Inc. (www.verafin.com), a leading provider of fraud detection and anti-money laundering (FRAML™) software, today announced that they have recently been honored with three awards highlighting successful businesses in Atlantic Canada. Verafin placed 7th overall on Progress Magazine’s annual list of Atlantic Canada’s Best Places to Work, the company’s CEO and President, Jamie King, was named as one of Atlantic Business Magazine’s Top 50 CEOs for 2012, and Verafin was chosen as Exporter of the Year by the Government of Newfoundland & Labrador’s Department of Innovation, Business and Rural Development.
“What makes the Best Places to Work award stand out is that it’s based on feedback from our employees,” said Stephanie Burry, Verafin’s head of Human Resources. “It’s a real validation of how our culture helps create a workplace that’s not only productive and innovative, but is also fun and rewarding. Every employee contributes to making our company a leading provider of anti-financial crime software in North America. We work hard to create the atmosphere necessary for people to thrive here at Verafin.”
Verafin has nearly 130 employees located at the company's headquarters in St. John’s, Newfoundland and their new office in Birmingham, Alabama. A major part of the company’s culture is the fostering of a creative and energetic environment where every employee plays a role in Verafin’s ongoing success. An atmosphere of teamwork and camaraderie is encouraged and fostered. Progress Magazine highlighted specific initiatives such as regular team building exercises, company-wide communication that recognizes outstanding contributions, and gift cards distributed amongst team members when it is felt they have displayed the company’s core values.
In its May/June issue, Atlantic Business Magazine named Verafin President and CEO Jamie King in its Top 50 CEOs list, his second consecutive year placing on the chart. The list is comprised of some of the most prominent and innovative business leaders in the region. Recipients are judged according to their corporate, community and industry involvement, their company’s growth in recent years, and their responses to various managerial challenges.
Also in June, Verafin was awarded the Exporter of the Year award by the Government of Newfoundland & Labrador’s Department of Innovation, Business and Rural Development. This award acknowledges the outstanding success of local entrepreneurs and businesses that have achieved commercial export success, contributed to the province’s economic growth and succeeded in the global marketplace.
About Verafin
Verafin is a North American leader in fraud detection and anti-money laundering solutions for financial institutions, with nearly 900 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 has industry endorsements in 44 states. For more information, visit www.verafin.com, email us at FRAML@verafin.com or call 1-866-781-8433.
© 2012 Verafin Inc. All rights reserved.