Valid8 Launches "Stories" to Accelerate Financial Fraud Investigations

We’re excited to share the news that we’ve expanded our industry leading Verified Financial Intelligence (VFI) platform to now include Stories, a new capability that separates transactions into collections to reveal insights faster.

Stories builds on Valid8’s existing AI Categorization capabilities to provide investigators with a new, more powerful way to identify questionable transactions, including checks, deposits, transfers and payments, and mark them for further evaluation.

Stories allows users to quickly separate transactions of interest and group them into different collections. Each collection is a Story that helps users understand how financial activities unfolded over time and across locations.

You can use Stories to:

• Build a final, courtroom-ready professional opinion by using the Stories your team has created – or a subset of them.
• Combine Stories with our existing Cash Flow Visualization to create a more compelling narrative. 
• Collaborate across and between firms, saving many hours previously spent writing detailed emails or reviewing transactions together in meetings

“Stories saves us significant time by making it much easier to organize and categorize transactions and collaborate across the firm, allowing us to focus our efforts on the items warranting further examination,” said Ken Feinstein, Managing Director, J.S. Held. “Transaction review has typically been tedious and resource-intensive, so there’s tremendous value in expediting the process.”

Stories is our latest innovation available at no additional cost to subscribers as part of our ongoing commitment to leverage automation and the latest in AI technology in service of accounting, legal, and government professionals.

To learn more about how Valid8, the world’s leading Verified Financial Intelligence (VFI) platform, can help you trace the flow of funds and generate courtroom-ready evidence in hours instead of weeks, contact sales today.