Category: New Account Fraud

Opportunistic Identity Thieves Preyed on the Dead. Here’s What Needs to Change.

It’s a story that shocked even the most grizzled fraud fighters: The Miami-Dade County Attorney’s Office filed charges against four criminals who stole the identities

Founder Elliott Asks: Is it Time to Relegate Address Verification Letters to the Trash Heaps of History?

In a recent article for Great Lakes Banker, Adam Elliott, Founder and President of Kevari writes, “As you’re assessing opportunities to embrace modern technology and

Kevari in BAI: Financial Institutions Must Join Forces Against Organized Fraud

Kevari’s Fraud Investigation Network allows financial institutions to join forces in the fight against account takeover and new-account fraud. Because organized fraud rings are sharing technology, data and insights designed to defraud financial institutions, it’s critical that banks and credit unions collaborate to defend against this growing threat.

Javelin’s Identity Fraud Study Highlights Scams That Let Criminals Capitalize on Stolen Information

Financial services companies need to be prepared for a new tidal wave of stolen PII and credentials. Now more than ever, they must have powerful controls in place to prevent account takeover and new-account fraud. Institutions that aren’t well protected risk losing money, customers, and their reputations.

Podcast: Machine Learning is Fortification in the Battle Against Identity Fraud

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

New National Network Makes it Easy for Banks, Credit Unions to Fight Fraud Together

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

Podcast: A New Collaborative Way to Stop Account Takeover and New-Account Fraud

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

The Case for a Fraud Investigation Network

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,

Podcast: The Dash to Digital Account Opening

As financial institutions strive to deliver consumers a frictionless digital account-opening experience, they should be careful not to skimp on fraud detection. In a recent

Acceleration in Digital Banking Adoption Means More Fraud

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