Lenders should implement these 2 technologies now
Regulatory technology and fraud prevention are two areas that financial institutions should be investing in now to reduce losses and ...
Tag: fraud prevention
Top 4 payments trends for 2023
Payments technology and the ability to facilitate real-time payments is top of mind for many financial institutions as the U.S. ...
Credit unions look to Eltropy to curb call center fraud
Credit unions and community banks are looking to digital communications platform Eltropy to strengthen call center authentication and ultimately reduce ...
Listen: How FIs can combat synthetic identity fraud
Synthetic identity fraud remains a constant challenge for banks, with a growing number of fraudsters attacking demand deposit accounts since ...
Banks employ bots to fight rising fraud, compliance risks
Financial fraud is big business for cybercriminals, with the Federal Trade Commission (FTC) estimating that $5.8 billion was lost to ...
Simmons Bank leverages ID verification solution
One of the first banks to leverage a new secure ID validation process for digital account opening from core provider ...
FBI issues warning on QR code payment fraud
The shift to digital banking and payments is enabling cybercriminals to steal consumers’ login and financial information using quick response ...
Listen: CEO warns banks must adapt security posture for instant payments
Fraudsters in 2020 and 2021 had their best years ever, SentiLink co-founder and CEO Naftali Harris tells Bank Automation News ...
FDIC’s new CIO touts competitive advantages offered by AI
As banks, fintechs and financial institutions grapple with how to implement artificial intelligence (AI), the U.S. Federal Deposit Insurance Corporation ...
Fed Study: Noncash Payments Fraud Outpacing Growth Overall
Noncash payments fraud in the U.S. outpaced growth in noncash payments overall between 2012 and 2015, according to a Federal Reserve ...
