We ended up being the first bank to identify the pattern of activity and we got it stopped and shut down. ANGELA LOWE on how Verafin helped CapFed prevent check kiting losses. “ “ Case Study Verafin helps the dedicated FIU team at Capitol Federal ® Savings Bank prevent more than $350,000 in check kiting losses with early detection. Capitol Federal ® (CapFed ® ) Savings Bank automated their AML/BSA and fraud detection when they switched from manual methods to Verafin in 2011. During the last five years, CapFed increased their ongoing monitoring and detection capabilities across the institution by creating a dedicated Financial Intelligence Unit (FIU) team. This team, comprised of five BSA analysts, two red flag/fraud specialists, a unit supervisor and a department manager,

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