The best inline decisioning solutions will utilize transactional data, historical/behavioral data, and external data from sources like the mobile network providers.
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.
Expanded Predict New Account Risk capabilities from Early Warning® harness shared data to help banks and credit unions fight fraud
Early Warning® is at the forefront of combating fraud and enhancing customer experiences through advanced data analytics and predictive models.
Watch our video to learn how you can leverage data and machine learning from the National Shared Database℠...
Click here to view the full guide!
Five things financial institutions need to know about consortiums and data-driven fraud detection
How does your phone number secretly unlock a vault to all your savings? For criminals with the right information and a lot of hubris, it’s surprisingly simple. In this episode, we’re telling the story of SIM-swapping: the theft of mobile phone...
In a world where the lines between reality and fiction increasingly blur, how can we discern truth from lies? This episode dives into the realm of deepfake technology—a sophisticated tool that manipulates audio and video to create alarmingly...
Dive into the guide for five best practices that will level-up your account opening fraud prevention strategy.
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...
Payment fraud detection is difficult to perfect. It’s a slippery form of fraud that shifts its shape as new technologies emerge. Indeed, criminals are relentless in their pursuit to steal funds via unauthorized payments—continuously innovating new...
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...