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...
With an estimated 5 million checks per week being distributed to taxpayers, here are a few things to keep in mind.
Financial institutions (FIs) continue to place a greater emphasis on enabling new account-opening growth through online and mobile channels, and expand their product offering to foster financial inclusion and growth. In my recently published study Ne...
Balancing New Account Growth and Risk Mitigation
Although financial institutions (FIs) have been screening new account applicants for decades, guidelines for how to best utilize that decision-making data has become increasingly scrutinized in an...
In recent years, application fraud has become a major problem for U.S. financial institutions (FIs). In 2017, Aite Group recognized application fraud as the second-greatest challenge FIs face in combatting fraud, trailing only account takeover fraud...
Whether it be televisions, cars, computers or mobile phones, consumers have come to expect constant advancements in the technology they use every day. Consumers rely on technology to make their lives easier, and banking technology is no exception.
...Partnership will connect thousands of financial institutions of all sizes, representing more than 75 percent of all deposit accounts in the U.S.
Fueled by cross bank data, solution addresses persisting check fraud challenge
Early Warning, a leader in fraud prevention and risk management, today announced that its Account Owner Authentication (AOA) for Government solution suite is now available to help prevent the growing instances of tax refund fraud.
The Early Warning and Early Warning Services name, logo and related trademarks and service marks (DEPOSIT CHEK; PAYMENT CHEK; IDENTITY CHEK; AUTHENTIFY; ZELLE; ZELLE NETWORK; THIS IS HOW MONEY MOVES; CREATING THE FUTURE OF PAYMENTS; and WHEN MONEY...