It's critical for fraud pros at financial institutions to stay on top of KYC compliance requirements in order to maintain regulatory adherence and keep bad actors out of their system. Here are the top 10 things you need to know about KYC. Whether you...
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...
No question about it: Artificial intelligence (AI) is booming. Advances in machine learning (ML)—and the emergence of generative AI in particular—are making big waves. And across the financial landscape, AI fraud prevention has become a major concern...
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...
Banks that are elevating customer experience are making it easier to open accounts, transfer money, and make digital payments that are contactless — all while keeping fraud at bay.
Discover how banks and credit unions can combat the top 5 payment fraud trends