The pandemic-driven rise in application fraud is leading to costly fraud losses. Effective risk mitigation relies on better identity verification.

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.

The term “Digital Identity” has been popularized to link a consumer to his or her transactions online.

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

Got questions about KYC compliance requirements? Consider this your crash course! In this brief but informative post, you’ll learn everything you ever wanted to know about KYC but were afraid to ask. Ready? Let’s go!

1. What does KYC stand for?

KYC...

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...

During the COVID-19 pandemic, stimulus fraud was rampant.  Now, building on the success of pandemic-driven tactics, fraudsters are turning their attention to new account openings.   

As account openings surge and application processes continue to...

Customers of about 5,400 financial institutions are using the Zelle Network®, whether it’s through their financial institution’s mobile banking app, or by registering their debit cards in the Zelle® mobile app.

Learn about how FIs can stay one step ahead of fraudsters with new tools and techniques to better protect consumers.