An executive at a religious financial institution is tempted to live a double life: empower the customers wanting to find their purpose or steal from the institution that helps them do so. A story of embezzlement, deceit and fraud.

43% of U.S. consumers experienced financial identity theft – application fraud in their name or account takeover (ATO) – in the past two years1.

These attack patterns are a concern for consumers and for financial executives and only part of the...

by Eric Foust

 

The COVID-19 pandemic spurred large corporations and small businesses alike to double-down on their plans for adopting real-time payments. It also created a prime opportunity for financial criminals. Indeed, faster payments mean...

Scottsdale, AZ

Who:  For 30 years, Scottsdale-based Early Warning Services (EWS) has been empowering banks and credit unions to enable payments and mitigate fraud.  The company recently announced more than five billion transactions and nearly $1.5...

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.

The best inline decisioning solutions will utilize transactional data, historical/behavioral data, and external data from sources like the mobile network providers.

With an estimated 5 million checks per week being distributed to taxpayers, here are a few things to keep in mind.