Trending...
- Continuous You Foundation Announces Partnership with Haawke Neural Technology
- Tacoma: Applicants Sought for the Board of Ethics
- Qscription Technologies and NEOPATHOLOGY CORP. Sign MOU to Bring FDA-Cleared Lung Imaging AI into U.S. Clinical Practice
New capability separates transactions into collections to reveal insights faster
BOULDER, Colo., Feb. 22, 2024 /PRNewswire/ -- Valid8 Financial, the leader in Verified Financial Intelligence, today announced Stories, a new capability allowing users to quickly separate transactions of interest and group them into different collections to understand how financial activities unfolded over time and across locations.
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. It also offers a means to collaborate with other investigators and develop easy-to-understand case narratives.
"Stories delivers on our promise to continue addressing the tedious manual reviews and spreadsheet work that slow down investigations," said Valid8 Financial's CEO, Chris McCall. "The ability to quickly separate transactions of interest from routine ones allows investigators to narrow in on the activities that matter in a fraud case."
More on Washingtoner
The company's Verified Financial Intelligence platform provides forensic accounting, legal and government professionals with courtroom-ready evidence for a variety of complex financial investigations and disputes, including Medicaid fraud, partnership disputes, asset division, high-net-worth divorces and Chapter 11 bankruptcies.
Stories are pivotal in helping improve the speed and quality of rendering a professional opinion. Professionals can use Stories to:
"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."
With fraud prosecutions and reported losses on the rise, Valid8's AI and automation allow users to quickly parse, reconcile and categorize financial data from numerous sources, including bank transactions, Bitcoin deposits and withdrawals, and even hand-written checks — eliminating sample risk in favor of mapping entire transaction histories. Stories helps users get even more from Valid8's industry-leading AI Categorization.
More on Washingtoner
"Transactions are like characters," said McCall. "With Stories, our customers can focus on the most relevant transactions and quickly reveal the plot."
Stories is the first of several new capabilities planned for 2024, following Valid8's $8.5 million Series A financing last November. The functionality is available now to all customers. For more information, please visit valid8financial.com.
About Valid8 Financial
Valid8 Financial is the global leader in Verified Financial Intelligence (VFI). The company's platform extracts accounting evidence from documents and systems to eliminate sample risk, address staffing challenges, and improve the speed and quality of rendering a professional opinion. Hundreds of firms use Valid8's software on some of the world's most complex, high-profile cases. The company holds numerous patents and was recognized in 2023 as a Top Financial Restructuring Services Provider from Financial Services Review and in 2022 as a Technology Innovation Award Winner from CPA Practice Advisors and as a Top 100 Early Stage Company by Will Reed. The company has headquarters in Boulder and Seattle. For more information, visit: www.valid8financial.com.
Media Contact
Sam Perry
BLASTmedia for Valid8 Financial
317.806.1900 x152
[email protected]
SOURCE Valid8 Financial
BOULDER, Colo., Feb. 22, 2024 /PRNewswire/ -- Valid8 Financial, the leader in Verified Financial Intelligence, today announced Stories, a new capability allowing users to quickly separate transactions of interest and group them into different collections to understand how financial activities unfolded over time and across locations.
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. It also offers a means to collaborate with other investigators and develop easy-to-understand case narratives.
"Stories delivers on our promise to continue addressing the tedious manual reviews and spreadsheet work that slow down investigations," said Valid8 Financial's CEO, Chris McCall. "The ability to quickly separate transactions of interest from routine ones allows investigators to narrow in on the activities that matter in a fraud case."
More on Washingtoner
- Haven Treatment Center Now In-Network with First Choice, Expanding Access to Youth Health
- Kerri Lawless Introduces New Home-Selling Option for Local Homeowners
- FDA-Cleared Zeta TMS Robotic System Moves Toward Deployment as FDA, DARPA and Commercial Catalysts Converge: NRx Pharmaceuticals (N A S D A Q: NRXP)
- Baird Medical Turns Global Expansion Into Tangible Growth: N A S D A Q: BDMD Posts 25% Revenue Surge as U.S. and International Markets Accelerate
- City of Spokane Launches 'Emergency Streets' Pilot Program
The company's Verified Financial Intelligence platform provides forensic accounting, legal and government professionals with courtroom-ready evidence for a variety of complex financial investigations and disputes, including Medicaid fraud, partnership disputes, asset division, high-net-worth divorces and Chapter 11 bankruptcies.
Stories are pivotal in helping improve the speed and quality of rendering a professional opinion. Professionals can use Stories to:
- Collaborate across and between firms, saving many hours previously spent writing detailed emails or reviewing transactions together in meetings.
- Build their final, courtroom-ready evidentiary narrative.
"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."
With fraud prosecutions and reported losses on the rise, Valid8's AI and automation allow users to quickly parse, reconcile and categorize financial data from numerous sources, including bank transactions, Bitcoin deposits and withdrawals, and even hand-written checks — eliminating sample risk in favor of mapping entire transaction histories. Stories helps users get even more from Valid8's industry-leading AI Categorization.
More on Washingtoner
- Spokane: City Seeks Feedback on Future Land Use Map
- Shelter Structures America makes European debut at TEMPOR EXPO 2026 in Fulda, Germany
- Longevity Academy Announces J.P. Medved of Longevity Advice as Next Guest in the Longevity Leaders
- Medcurity Introduces a Better Way for Healthcare and Its Vendors to Build Trust
- Haven Treatment Center Now In-Network Partnership with Aetna, Expanding Access to Youth Health Care
"Transactions are like characters," said McCall. "With Stories, our customers can focus on the most relevant transactions and quickly reveal the plot."
Stories is the first of several new capabilities planned for 2024, following Valid8's $8.5 million Series A financing last November. The functionality is available now to all customers. For more information, please visit valid8financial.com.
About Valid8 Financial
Valid8 Financial is the global leader in Verified Financial Intelligence (VFI). The company's platform extracts accounting evidence from documents and systems to eliminate sample risk, address staffing challenges, and improve the speed and quality of rendering a professional opinion. Hundreds of firms use Valid8's software on some of the world's most complex, high-profile cases. The company holds numerous patents and was recognized in 2023 as a Top Financial Restructuring Services Provider from Financial Services Review and in 2022 as a Technology Innovation Award Winner from CPA Practice Advisors and as a Top 100 Early Stage Company by Will Reed. The company has headquarters in Boulder and Seattle. For more information, visit: www.valid8financial.com.
Media Contact
Sam Perry
BLASTmedia for Valid8 Financial
317.806.1900 x152
[email protected]
SOURCE Valid8 Financial
0 Comments
Latest on Washingtoner
- Defense & Space Strategy Strengthens as New Leadership Builds on NASA Results and Expanding Multi-Orbit Opportunities for Ascent Solar Technologies
- STS Capital Partners is pleased to announce the appointment of Barry Brown as Vice President, Business Development
- Qscription Technologies and NEOPATHOLOGY CORP. Sign MOU to Bring FDA-Cleared Lung Imaging AI into U.S. Clinical Practice
- Tidy-Up Tacoma Teams Up with Community Partners for Citywide Cleanup Event September 19
- Lynnwood Heating LLC Helps Homeowners Take Advantage of 2026 Heat Pump Installation Rebates
- Tacoma: Applicants Sought for the Board of Ethics
- Tacoma: Applicants Sought for the Landmarks Preservation Commission
- Heritage at Manalapan Welcomes New Sales Team as Luxury Single-Family Home Community Continues to Grow
- Mandeville Pests May Pose Serious Health Risks for Your Family
- Tacoma: Arrest Made in 2021 Homicide
- Share your workplace safety solutions at 2027 Applied Ergonomics Conference
- Parents No Longer Have to Wait 3 Weeks for a Sleep Consultant: Nora Talks Tonight, Stays for 5 Days, Costs $89
- May The Worst Team Win! Loserball Kicks Off Another NFL Season of Hilarious Mayhem
- Black Women Living With, and Impacted by, HIV Express Gratitude, Grief, Joy, and Resilience
- MainConcept Easy Video API Extends Full Transcoding to Arm and NETINT VPUs
- Continuous You Foundation Announces Partnership with Haawke Neural Technology
- Metamora Events Brings New Interactive Event Experiences to Portland and Vancouver
- Cruxy shortlisted for two Private Equity Wire® US Awards 2026: Advisory Firm of the Year (Overall) & Value Creation Consulting Firm of the Year
- Lake Norman Philharmonic - Free Community Concert
- Amaris Mint® Confirms UK Availability of Swedish-Made BioBoost Daily Nutrition Range