By Meghan Sutherland, CEO, FiVerity
In the fight against financial crime, speed and collaboration make all the difference. Fraudsters operate in organized rings, exploiting gaps between institutions, industries, and enforcement agencies. Yet far too often, the professionals trying to stop them - fraud investigators, AML officers, and compliance teams, are left operating in silos.
That’s what we’re solving.
Today, I’m proud to introduce a major step forward in collective fraud defense: FiVerity’s AI-Powered Joint Investigations.
This new capability doesn’t just enable secure, real-time collaboration between financial institutions - it transforms how investigations begin, evolve, and resolve. Whether you're in banking, fintech, crypto, law enforcement, or a public agency, FiVerity now provides a faster, smarter way to investigate suspicious activity together.
Joint Investigations were designed to support all forms of collaboration: from informal intelligence-sharing and secure messaging to fully authorized 314(b) engagements under the Patriot Act. As a registered FinCEN 314(b) association, FiVerity offers unique value:
This opens the door for broader collaboration - not just among traditional banks, but also credit unions, fintechs, crypto platforms, and other eligible financial service providers. We’re enabling cross-industry investigations while ensuring compliance, security, and speed.
What’s more, collaboration shouldn’t be gated behind a paywall or limited to subscribers.
To ensure intelligence-sharing is accessible to all, FiVerity allows non-subscribing institutions to create accounts for the sole purpose of participating in joint investigations. This removes friction, prevents new data silos, and allows any eligible organization to contribute to and benefit from the network, while staying compliant under 314(b) and other regulatory frameworks.
The 314(b) framework provides essential legal protections for information sharing regarding possible terrorist financing, money laundering, and predicate crimes such as fraud, but most institutions struggle to maintain a program that’s fast, scalable, and effective.
That’s where FiVerity steps in. We not only enable 314(b) collaboration, we manage the complexity for you - streamlining outreach, documenting engagement, and solving for the time, staffing, and expertise that smaller teams often lack.
Financial institutions are facing increasingly sophisticated financial crime — from fraud networks to terror financing. As FinCEN highlighted in a recent webinar, one of the most powerful tools to fight financial crime remains underused: 314(b) information sharing.
This provision enables institutions to voluntarily collaborate on suspicious activity investigations, enhancing SAR quality, enabling “super SARs,” and accelerating detection of illicit networks. It also allows sharing of fraud-related intelligence when there’s a reasonable belief of laundering activity - even when PII is involved, under Safe Harbor.
With FiVerity’s role as a registered 314(b) association, we make this collaboration easier, faster, and more secure. Our platform eliminates traditional barriers like manual outreach, non-standard formats, and delayed responses. We also offer participation to both registered and eligible institutions, reinforcing FinCEN’s call for more associations and accessible collaboration.
Better insights. Better SARs. Better outcomes - for institutions, regulators, and national security.
This feature is already available to FiVerity partners - and it’s easy to get started, even if you’re not yet on the platform. Whether you’re looking to create or scale a 314(b) program, we’re ready to help.
Together, we’re building the future of financial crime prevention - collaborative, intelligent, and built for speed.
Schedule a demo today and see what’s possible when institutions work together.