Five things financial institutions need to know about consortiums and data-driven fraud detection
Application fraud prevention isn't what it used to be. Digital account opening processes are now the norm. Fraudsters are exploiting weaknesses in traditional risk assessment systems. And financial institutions (FIs) are struggling to prevent...
This is an updated blog that was originally published June 27, 2023.
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...
Learn more about Nacha’s updated rules and regulations going into effect starting in 2024.
Explore this report on the state of synthetic identity fraud to understand the trends, challenges, and countermeasures banks are deploying to fight it.