Urged to open their doors to more consumers, banks are simultaneously under pressure to reduce the impact of rising fraud. Combatting new account fraud while working to foster financial inclusion is a tall order. As banks continue to search for the...
In recent years, application fraud has become a major problem for U.S. financial institutions (FIs). In 2017, Aite Group recognized application fraud as the second-greatest challenge FIs face in combatting fraud, trailing only account takeover fraud;...
New Account Scores address CFPB concerns while extending fraud management
New account acquisition is an increasingly challenging proposition for financial institutions (FIs) of all sizes. Opportunities for new account fraud are further exacerbated by the growing number of digital-native millennials, or consumers that...
The right outfit. A firm handshake. A beaming smile. In life, first impressions matter. While studies don’t agree on the exact number, you have roughly 30 seconds to impress someone you’ve just met. You may have a little more than a few seconds in...
By Shirley Inscoe, Sr. Analyst at Aite Group
In this age of unending data breaches, it is not surprising that identity crimes are the biggest fraud challenges facing financial institutions (FIs). In early April alone, Saks, Lord & Taylor and Panera...
Privacy Notice
Effective: January 1, 2020
This privacy notice is intended to inform you of the categories of personal information to be collected and the purposes for which the categories of personal information shall be used in connection...
Last month we heard top things to consider when financial institutions (FIs) are implementing a new P2P payments platform. This month Wade Hobbs, Business Development Manager for Levvel’s Payments practice, went deeper on another important topic - fraud management.
By Ian Macallister, Head of Customer Success
Last month we heard top things to consider for fraud management with Zelle®. This month Jim Boone, Principal Consultant at Levvel, and I dove deep into another important topic - architecture. We discussed...
Aite Group, Early Warning to Address New DDA Strategies in Digital Identity Assessment via Webinar and White Paper
By Ian Macallister, Head of Customer Success
Last month we heard top things to consider when financial institutions (FIs) are implementing a new P2P payments platform. This month Wade Hobbs, Business Development Manager for Levvel’s Payments...
Early Warning has earned the top spot as a Digital Identity Provider in PYMNTS.com July 2016 edition of its Digital Identity TrackerTM"
Our identity. The one thing everyone wants full control over. We want it safe, secure and protected, and by no means is that easy. Sadly, with nearly 15 billion records lost or stolen since 2013*, we have to assume bits and pieces of our personally...
You only have one chance at a first impression - how seamless is your new account onboarding experience in preventing fraud while enhancing the customer experience?