Fraudsters are on a Feeding Frenzy
With plenty of stolen data and incredible technology available on the dark web, even the greenest of criminals can fool traditional identity verification and risk-screening
With plenty of stolen data and incredible technology available on the dark web, even the greenest of criminals can fool traditional identity verification and risk-screening
Fraudsters are good at adapting. When banks started calling or texting their customers to verify the legitimacy of out-of-pattern account activity, like big money transfers,
While graph theory applications have been in the market for many years, they are gaining popularity because fraud rings are larger, more complex, and more
Fraudsters can open dozens of fraudulent accounts per day while sitting on a beach in Bermuda.
“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
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
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
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
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
When the Federal Trade Commission made a public request for comment regarding the 2007 Red Flags Rule, the American Bankers Association and Attorneys General from
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.