A computer consultant sells his list of more than 700 synthetic identities to two Florida men to steal millions from COVID-19 relief programs.
Synthetic identity fraud is the fastest growing financial crime in the U.S. and fraudsters are capitalizing on existing blind spots with traditional fraud risk models. Verify Identity is a new account opening tool built with ID Confidence, a Synthetics Indicator and Verify SSN to help stop bad actors from entering the system.
Purchase, NY
clearXchange to enable person-to-person payments using debit cards - Early Warning, the industry leader in real-time payments, authentication and risk mitigation, today announced it will leverage Mastercard SendTM to enable U.S. debit...
Last month we heard top things to consider when financial institutions (FIs) are implementing a new P2P payments platform. This month Wade Hobbs, Business Development Manager for Levvel’s Payments practice, went deeper on another important topic - fraud management.
Scottsdale, AZ
Holiday’s Most Wanted: Money - Zelle® National Survey Finds a Majority of U.S. Consumers Prefer Money this Holiday SeasonEarly Warning Services, LLC, the network operator behind Zelle, today released the results of its Holiday...
LOS ANGELES – Following the successful launch of their multi-city financial education tour in New York City on July 22, Zelle® and national advocacy organization Consumer Action brought their second stop to Los Angeles. The free, in-person workshop...
Easier ways to send and receive payments? Check!
The need to write and send paper checks dwindling? Check!
Check fraud becoming a relic of the past?
Umm, not so much…
The reality is, check fraud shot up a mind-blowing 96% in 2022 according to the...
The best inline decisioning solutions will utilize transactional data, historical/behavioral data, and external data from sources like the mobile network providers.
Zelle®-sponsored program connects military personnel, their families, and veterans with in-person and virtual education/resources
• Year-over-Year transaction values increased 54%; YoY transaction volume increased by 72% • Signed 139 regional banks and credit unions onto the Zelle Network® in Q1 2019
Scottsdale, AZ
Early Warning Services, an industry-leader in real-time payment, authentication, and risk mitigation, today announced that financial institutions in the Zelle Network® processed more than 170-million person-to-person (P2P) payments...