A digital approach to verifying address, phone number, and email changes is more efficient, cost effective, and better at reducing fraud losses in today’s digital banking environment. There’s never been a more perfect time for financial institutions to retire those antiquated address-change letters.
Our bank clients use impressive fintech solutions to identify fraud attempts when money is changing hands. They also understand the importance of scrutinizing non-monetary transactions,
Machine learning (ML) is one of the fraud-fighting industry’s most powerful weapons in the war against new-account fraud and account takeover. It can expose new
Accessing data from shared networks is not a new concept for those who investigate fraud. In fact, the ability to view the velocity of consumer
Javelin’s September 2020 report, “Identity Fraud in the Digital Age,” drove home (again!) the need for financial institutions to work smarter, faster, and more collaboratively
For fraud investigators, an effective way to identify organized fraud rings is to look for a lot of activity associated with a particular communication endpoint,
Fraudsters are using stolen credentials and software bots to hack into your customers’ accounts. Next, they change account addresses, emails, and phone numbers to cut
When COVID-19 forced Americans to stay at home, many banks and credit unions realized their survival now depended on how well they could serve customers
As financial institutions face new and more complex fraud schemes in both account takeover and new-account fraud, there is an acute need for fraud prevention
Fraudsters often have better technology for committing fraud than banks have for stopping it. This is particularly true when it comes to account takeover (ATO).
Kevari is fighting to win the battle against account takeover and new-account fraud. With protection from Kevari, banks, credit unions, financial services companies, and other businesses can preserve profitability, safeguard customer relationships, and strengthen their business reputation.
