Collaboration Will Dramatically Enhance Security of Real-Time Payments
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.
Insight on Mobile Account and Device Attributes will Protect Consumers, Bank Issuers and Credit Card Companies from Mobile Wallet Fraud Vulnerabilities
Early Warning, a leader in collaborative risk solutions, today announced that a top-five U.S. bank has chosen its Mobile Number Verification Service to gain mobile number and account authentication confidence for outbound calls to mitigate TCPA compliance risk and improve operational efficiencies.
Even though the early rush of Apple Pay fraud has been stemmed, mobile wallets remain a valuable target for fraudsters. In 2015, approximately 112,000 consumers reported being victims of mobile wallet-related account takeover and this is likely to...
Last month, Al Pascual, senior vice president, research director and head of fraud & security at Javelin, authored an article, “Mobile Wallet Fraud: This is Just the Beginning,” as part of our ongoing conversation on this topic and in conjunction...
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...
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...
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...
Early Warning, a leader in collaborative risk solutions, today announced the launch of its Mobile Call Verification Service and Mobile Number Verification Service, enabling contact centers to improve identity confidence for both inbound and outbound calls.
By Hal Granoff
According to Aite Group, account takeover (ATO) is the most common type of fraud occurring in digital channels. The analyst firm reports that 68% of surveyed financial institutions (FIs) report this as the number one threat they are...
Passwords. The bane of my existence. Can’t they all just get along?