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...

Picture this: a fraudster writes a check for $5,000 from his account at a credit union and walks over to his local branch of a nationwide bank, depositing the check by scanning it in at the ATM. It’s a large check, so the bank makes half of the funds...

Synthetic identity fraud is the fastest-growing financial crime in the country, and by appearing and acting like legitimate accounts, these identities are challenging for banks, credit unions and other organizations to detect.

Companies across all...

Do women have an edge when it comes to pulling off financial crime? Some research suggests that they do. It also suggests that while women are actually more likely than men to engage in financial crime, they are often the least suspected. The reason...

LOS ANGELES, CA -- Los Angeles Football Club (LAFC) today announced Zelle® as a Golden Boot Club corporate partner and the official peer-to-peer payment provider of LAFC. The Club’s Golden Boot Club platform is comprised of top-tier partnerships...

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 percent of...