ST. JOHN'S, Newfoundland (11/28/11)--Verafin Inc., a provider of compliance, anti-money laundering and fraud detection software, is ranked No. 128 on the Technology Fast 500, Deloitte's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
Rankings are based on percentage of fiscal year revenue growth from 2006 to 2010. Verafin grew 840% during the period.
Verafin is a CUNA Strategic Services provider.
Verafin also was listed on the Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Canada. Verafin's five-year revenue growth rate resulted in a ranking of 27.
"It is a confirmation of the hard work we have put into creating a progressive and leading-edge anti-fraud and anti-money laundering software product," said Brian Whiteway, Verafin chief financial officer.