3 Powerful Results a Refined Bank Account Validation Approach Will Deliver

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...

Faster Payments & Faster Fraud: How to Keep Up with Today’s Fraud Trends in Banking
Navigating Synthetic Identity Fraud: Trends, Challenges, and Countermeasures in Banking
Explore this report on the state of synthetic identity fraud to understand the trends, challenges, and countermeasures banks are deploying to fight it.
Nacha’s New Operating Rules Changes: A Practical Guide for Financial Institutions
Overcome Your Identity Verification Challenges - eBook

Blog originally published December 12, 2022

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Are your identity verification tools keeping up with today’s quickly evolving threats like synthetic identities and helping your financial institution deliver a great applicant experience...

Smarter, Faster Account Opening: Application Fraud Detection Strategies for Financial Institutions
Learn how to leverage deep data intelligence for successful application fraud detection and prevention.
ACH Payments Fraud is on the Rise: How to Use Big Data Analytics to Prevent Costly Attacks

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 percent of...

Part 4: Levvel Shares Top Architecture Considerations for Zelle®
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.