bank fraud Archives - Page 3 of 5

Fraud Investigators’ Due Diligence Becomes a Simple, Powerful Data Attribute

Investigators draw on experience and expertise to conduct their due diligence, which may include requesting proof documents, conducting interviews, and searching databases.

SEEK Technology: When You Have the Need for Speed

“I feel the need – the need for speed,” Tom Cruise’s Maverick famously said in “Top Gun.” But while he was referring to piloting a

Why a Multi-layered, Enterprise-wide Approach is Needed to Mitigate Account Takeover and New-Account Fraud

Fraudsters seek out institutions that have weaknesses in their fraud defenses. Once they find these institutions, they capitalize on their opportunities to launder and steal

Digital Account Opening Requires a Leading-Edge Fraud Defense

Last month, an enterprise director of fraud for a large regional bank told me 5% of his new accounts were being opened online. He asked

Insights and Takeaways from Money2020

I’ve attended several excellent in-person industry conferences over the past few weeks, but none of them delivered the size and scope of Money20/20, fintech’s largest

How Credit Unions Can Keep a Step Ahead of Fraudsters

In a recent article for Credit Union Times, Adam Elliott, Founder and President of Kevari writes, “While it is true that fraudsters have upped their

Could New USPS Service Standards Affect Account Takeover Rates?

Only time will tell how or whether the new USPS standards will impact account takeover rates.

Stopping Digital Identity Fraud Requires a Multi-layered Detection Approach

It’s an age-old story: If burglars find your front door deadbolted, they’re going to look for an unlocked window. Just like brick-and-mortar criminals, identity thieves

Insight on the Role of Phones in Account Takeover

Jack Sundstrom, chief product and marketing officer for Kevari, wrote an article for Credit Union Times called, “Hanging Up on Phone-Change Fraud,” stressing the need

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.

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