Expanded Predict New Account Risk capabilities from Early Warning® harness shared data to help banks and credit unions fight fraud
Consumers make millions of transactions over P2P. Community banks and credit unions may miss opportunities with faster payments to increase digital engagement.
Fighting Synthetic Identity Fraud – Early Warning selected as SSA’s eCBSV Provider Early Warning was named as one of the Social Security Administration’s Participants for the new Electronic Social Security number Verification Service
Zelle® partners with Queer Eye star to bring together special guests and give away a total of $75,000 to contest winners via Instagram on December 17, 2020.
This type of identity fraud is something financial institutions (FIs) are keenly aware of but, until lately, it has been difficult to detect and help prevent.
The size of the U.S. P2P payments market is driving intense competition between financial institutions (FIs) and alternative P2P payment services.

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...