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.
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.
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,
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
MINNEAPOLIS August 14, 2020 – With Three-Year Revenue Growth of 90 Percent, Inc. magazine has named Minneapolis-based Kevari, an identity fraud prevention and detection software
A decade ago, Kevari scored a big win when Sudheer Prem agreed to leave his R&D position at SAS and become our Chief Technology Officer.
18 percent say they’re on the hunt; this jumps to 38 percent among those primarily using online-only banks, according to a Harris Poll on behalf
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.
