Transformational Financial Crime Detection

Major Funding
$4,000,000.00

Grant Value

2021-22

Fiscal Year

Description

Verafin will transform the financial crime detection industry by utilizing new technologies in our cloud environment to help the Firm design, develop, test, and deliver innovative Financial Crime Management solutions that meet the needs of the largest financial institutions in the United States.

Expected Results

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Grant Details
Recipient

Verafin Solutions ULC

Location

St. John's, NL A1A0L9

Agreement Details

Number: 934730

Reference: 172-2021-2022-Q1-934730

Timeline

Start: Oct. 28, 2019

End: Oct. 31, 2022

Program

Industrial Research Assistance Program Contributions to Firms

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or …

Sector

Professional, scientific and technical services (541514)

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