Digital account openings are increasing, with 37% of all checking account applications coming through the digital channel in 2022 according to research by Aite-Novarica. But as the industry is shifting to digital, so are fraudsters. Aite’s research...
Expanded Predict New Account Risk capabilities from Early Warning® harness shared data to help banks and credit unions fight fraud
WASHINGTON – Early Warning Services, LLC, founded to unite banks and credit unions in the fight against financial fraud, submitted a comment letter yesterday responding to the Office of the Comptroller of the Currency (OCC), Federal Reserve Board...
Zelle® fraud and scams have materially declined since it’s launch in 2017 relative to the network’s growth. More than 99.9% over 1.7 billion transactions Zelle® transactions have been completed with no report of fraud or scam.
Find out how Early...
Scottsdale, AZ Early Warning Services, LLC, the network owner and operator of Zelle®, today responded to misleading reports of fraud and scams on the Zelle Network®.
Tens of millions of consumers safely use Zelle® every day with more than 99.9% of...
The best inline decisioning solutions will utilize transactional data, historical/behavioral data, and external data from sources like the mobile network providers.