SCOTTSDALE, Ariz. (1/6/11)--Fraud and asset-liability management solutions provider Verafin was recognized along with other credit union individuals and organizations in the 2010 GonzoBanker Awards, presented by Cornerstone Advisors. Verafin, a CUNA Strategic Services provider based in St. John’s Newfoundland, Canada, was recognized with “The Big Mo’ (Momentum) Award for Ancillary Systems.” “This entrepreneurial group of Newfoundlanders is simply tearing up the fraud and AML market. Kudos to a 2003 startup that’s showing the big boys how to develop new cool stuff,” GonzoBanker said. The merger of Addison Avenue FCU, Palo Alto, Calif., and First Tech CU, Beaverton, Ore., was named the “Credit Union Deal of the Year.” “What a great shot fired over the bow for all credit unions to see that healthy, scale-driven mergers in the credit union industry could make sense,” GonzoBanker said of the merger. Randy Smith of Randolph-Brooks Federal CU, Universal City, Texas, was named Banker of the Year in the credit union category. Dave Serlo, former CEO of PSCU Financial Services, St. Petersburg, Fla., a credit union service organization (CUSO) was named “CUSO Executive Who Will Be Missed the Most.” Serlo died June 25. The “Core Deal of the Year” in the credit union category was awarded to Patelco CU, San Francisco, and Acumen, Brookfield, Wis.-based Fiserv’s newest account processing solution.