The term “Digital Identity” has been popularized to link a consumer to his or her transactions online.
Any organization that offers consumers the ability to pay their bills with their bank account via the web or mobile device must add an additional layer of security before March 19, 2021.
Learn about how FIs can stay one step ahead of fraudsters with new tools and techniques to better protect consumers.
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. But faster application processes are also driving a notable rise...
Banks that are elevating customer experience are making it easier to open accounts, transfer money, and make digital payments that are contactless — all while keeping fraud at bay.
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...
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...
Our industry-leading identity verification solution allows FIs to expand their customer base with confidence while also mitigating risk and fraud.
Dive into the guide for five best practices that will level-up your account opening fraud prevention strategy.