fraud platform Archives

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.

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

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

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

Robot Fraud: How Botnets are Powering ATO

Today, thousands of botnets – connected servers of scripted software robots – can perform what used to require hundreds of hours of manual work in just a few seconds. The results are staggering — both for banks and their customers.

Founder Adam Elliott Featured in Authority Magazine’s Leadership Series

Authority Magazine recently featured Adam Elliott, Founder and President of Kevari, in its “thought leadership interview series” featuring people who are authorities in Business, Pop Culture,

Still Mailing Address-Change Letters? You Can’t Be Serious!

While much of regulatory compliance is now achieved with the help of efficient automated systems, financial institutions still have processes that have not benefited from modern technology. These relics from the past are a drag on the bottom line; they are paper-intensive, inefficient, and expensive.

One such relic is the process by which financial institutions are verifying customer/member address changes to comply with The FACT Act Section 114B. Instead of using cost-effective analytics software solutions as the law allows, institutions are printing and mailing letters at a cost of about $1 per address change.

Kevari Launches Financial Institution Fraud Investigation Network^(SM)

Kevari, a Minneapolis-based national leader in developing solutions to prevent account takeover and new-account fraud, announced today that it is applying its award-winning fraud-mitigation technology to launch the Fraud Investigation Network SM, creating the unprecedented level of industry collaboration needed to detect and shut down fraud rings and schemes that target financial institutions.

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

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