Grants and Contributions:
Title:
Transformational Financial Crime Detection
Agreement Number:
934730
Agreement Value:
$4,000,000.00
Agreement Date:
Oct 28, 2019 - Oct 31, 2022
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.
Organization:
National Research Council Canada
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
Location:
St. John's, Newfoundland & Labrador, CA A1A0L9
Reference Number:
172-2019-2020-Q3-934730
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
895438307
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 1 time(s). The legal name of the recipient has been amended.
Amendment Date
Apr 27, 2021
Recipient's Legal Name:
Verafin Solutions ULC
Federal Riding Name:
St. John's East
Federal Riding Number:
10006
Program:
Industrial Research Assistance Program – Contributions to Firms
Program Purpose:
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
Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
541514
Amendments: