Fueled by cross bank data, solution addresses persisting check fraud challenge
Early Warning, a leader in fraud prevention and risk management, today announced that its Account Owner Authentication (AOA) for Government solution suite is now available to help prevent the growing instances of tax refund fraud.
New Account Scores address CFPB concerns while extending fraud management
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.
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...
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...
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;...
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 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...
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...
Early Warning, a leader in fraud and risk management, today unveiled an industry first: a solution created specifically to help payment originators reduce – in real-time – the billions of dollars in losses they absorb each year.
Raise your hand if you’ve heard of the Faster Payments movement! If you’re in the payments industry, it’s a good guess you’ve not only heard of it, but are actively preparing your organization for the second and third phases of the National Automated...
Today, fast and easy go hand in glove. 60-hour work weeks. Hundreds of emails. Commitment upon commitment. We’re all strapped for time, and always on the go. It’s second nature to tap a screen to pay our bills – online, or on our phones. Easy. And we...
Like most industries, financial institutions (FIs) have gone digital. Consumers are increasingly taking advantage of banking from their mobile device or laptop for the convenience of making payments, applying for loans, sending money to friends,...