Dive into the guide for five best practices that will level-up your account opening fraud prevention strategy.
Operating a person-to-person (P2P) payments network in the United States gives us a front row seat to how financial institutions are moving into the digital age.
With over 60% of Americans now using digital banking1, financial institutions have had to grapple with how to deliver frictionless, multi-channel customer experiences while still protecting against fraud and account abuse.
Data intelligence enables...
More than 80% of U.S. DDA Accounts Now Include Zelle®; Growth in Minority Depository Institutions (MDIs) Offering Zelle® in Underserved Communities
Scottsdale, AZ
Beginning this month, more than 86-million U.S. mobile banking consumers will be able to send and receive money through Zelle® – a new person-to-person (P2P) payments network from bank-owned Early Warning Services. Changing the way...
Once the receiving financial institution (FI) has validated an incoming Zelle® payment against all applicable velocity, fraud, and account disposition checks, funds will be transferred to the recipient’s banking account.
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...
Financial institutions have embraced the digital age by offering online account opening, but as opening a new account becomes faster and easier, Demand Deposit Account (DDA) portfolios have become increasingly susceptible to losses from fraud and...
In this webinar, industry experts from Early Warning®, Nacha and Rynoh discussed how the payments fraud landscape is transforming and the points of entry fraudsters can exploit during a variety of transactions. Understanding fraudsters’ tactics is...
Over the past year-plus, your institution has likely—out of necessity—accelerated your shift to digital.
If you’re like many financial institutions, the pandemic-driven pivot to digital exposed critical gaps in your account opening processes. Aite...
Learn how real-time account validation can enable safer transactions for your bank, credit union, or organization.