As much as customers love variety in banking, so do fraudsters. With the emergence of omni-channel banking, scammers have found ways to leverage each new channel for fraud - and deposit fraud is one of the most common tactics. It’s a persistent and challenging issue that can have a major impact on customer trust, employee morale, brand reputation, and even your FI’s bottom line.
Implementing real-time data intelligence solutions can help your bank identify potentially fraudulent checks or deposits at the point of presentment, across channels. This gives your FI a competitive advantage by enabling you to better protect your customers, your employees, and your bottom line.
Download the white paper, Fraudsters love your omni-channel approach: 3 ways banks can stop deposit fraud with predictive intelligence, to explore:
- The impact of deposit fraud on financial institutions
- Common check scams and deposit fraud tactics
- How to leverage predictive intelligence to detect suspicious deposits in real-time
- How to fund more new accounts and expedite funds availability