Synthetic identity fraud losses rose to an estimated $20 billion in 2020—spiking sharply from an estimated $6 billion in 20161. One of the fastest growing financial crimes in the U.S., synthetic identity fraud is now one of the nation’s leading...
Learn how Early Warning can help your FI use big data and predictive analytics to say goodbye to bank deposit fraud
In the latest webinar co-hosted by Early Warning® and Nacha, we will discuss account validation beyond payment authorization. Our panel of experts will share five strategies organizations can use to deliver a frictionless multi-channel experience...
Five things financial institutions need to know about consortiums and data-driven fraud detection
Application fraud prevention isn't what it used to be. Digital account opening processes are now the norm. Fraudsters are exploiting weaknesses in traditional risk assessment systems. And financial institutions (FIs) are struggling to prevent...
No question about it: Artificial intelligence (AI) is booming. Advances in machine learning (ML)—and the emergence of generative AI in particular—are making big waves. And across the financial landscape, AI fraud prevention has become a major concern...
During the COVID-19 pandemic, stimulus fraud was rampant. Now, building on the success of pandemic-driven tactics, fraudsters are turning their attention to new account openings.
As account openings surge and application processes continue to move...
Expanded Predict New Account Risk capabilities from Early Warning® harness shared data to help banks and credit unions fight fraud