Faster deposit channels like remote deposit capture and same-day ACH make banking more convenient for consumers. But as transactions speed up, deposit loss prevention solutions must keep pace.
To reduce losses associated with non-sufficient funds...
Application fraud prevention is getting a lot of attention from banks and credit unions. For good reason.
Account opening processes are speeding up, much to the delight of consumers. But faster application processes are also driving a notable rise...
Financial institutions have embraced the digital age by offering online account opening, but as opening a new account becomes faster and easier, Demand Deposit Account (DDA) portfolios have become increasingly susceptible to losses from fraud and...
Payment fraud detection is difficult to perfect. It’s a slippery form of fraud that shifts its shape as new technologies emerge. Indeed, criminals are relentless in their pursuit to steal funds via unauthorized payments—continuously innovating new...
Seventy-one percent of financial professionals reported that their organizations were impacted by payments fraud in 20211.
The good news? That’s the lowest level reported since 2014. After reaching a record high in 2018 and 2019 (with 80...
Scottsdale, AZ
Top Use Cases for Millennials, Generation X, and Boomers Driving Adoption Include Rent, Meals & Shared Utility Bills
Early Warning Services, LLC, the network operator behind Zelle, today released the results of its first Digital...
Scottsdale, AZ
Five in Five: Five billion+ transactions and nearly $1.5 trillion have moved across the network since 2017. Safe Payments: More than 99.9% of payments are sent without any report of fraud or scams. Widespread Adoption by U.S...