One of the nation’s largest banks today said it is adopting Early Warning’s Mobile Authentication and Mobile Status Services to enhance security of its mobile banking app and mobile browser.
Top 5 Bank Adopts Early Warning’s Mobile Authentication and Mobile Status Services to Increase Security of Mobile App and Mobile Browser Sessions
FIs must use new techniques to ensure they know who they are dealing with in the online and mobile channels.
Passwords. The bane of my existence. Can’t they all just get along?
The analyst firm reports that 68% of surveyed financial institutions (FIs) report this as the number one threat they are currently facing.
Insight on Mobile Account and Device Attributes will Protect Consumers, Bank Issuers and Credit Card Companies from Mobile Wallet Fraud Vulnerabilities
Real-time payments demand real-time fraud mitigation. Watch this webinar to learn about the latest tools, best practices and recommendations to keep up.
Watch this video to learn more about new account fraud and how Early Warning's solutions can help solve for this growing threat.
By 2020, application fraud losses related to demand deposit accounts are projected to exceed US$636 million, a costly problem indeed.
According to a September 2015 bulletin from the U.S. Secret Service and the PCI Security Standards Council, there is a steady increase in fraudsters exploiting vulnerabilities in the account provisioning and verification process for mobile wallets.
The methodology and the technology that banks use to screen and validate new account applicants should have a dual purpose
"As more and more companies are often sending OTPs to mobile phones, fraudsters have kept pace by developing means to compromise them through techniques like SIM swapping."
In 2015, approximately 112,000 consumers reported being victims of mobile wallet-related account takeover and this is likely to get worse before it gets better…
The latest American Banker Association (ABA) research reveals more than half of the country’s financial institutions (FIs) will soon allow consumers to deposit checks into their accounts via mobile devices. This is exciting news for consumers, but it’s likely to cause concern for those fraud and risk managers...
In an increasingly faceless environment, validating a consumer’s personally identifiable information, their devices and related risk is vital to ensure the optimal customer experience as well as safety and soundness in the financial system.