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You can invest all kinds of capital into fraud detection and prevention solutions, but in many situations, the staff at your financial institution is your first line of defense. If they don't understand the risk ... Read More »

Effective anti-fraud solutions don't just look for fraud that is underway. Instead, they look for signs that fraud is likely to happen. They detect fraud before it occurs, helping to reduce losses, save time, and ... Read More »

When you're comparing different anti-fraud solutions for your financial institution, you're likely to hear the phrase "machine learning" a lot. Machine learning is a type of artificial intelligence (AI) that mimics the human brain by ... Read More »

Synthetic identity fraud is one of the fastest-growing types of fraud right now — it costs banks an estimated $6 billion and accounts for 10 to 15% of the charge-offs in an average unsecured lending ... Read More »

Card-present fraud accounts for nearly $3 billion in losses every year. This number is declining as fraudsters have been shifting their focus to card-not-present fraud, but the percentage of fraudulent transactions compared to total transactions ... Read More »

Protecting your bank from fraud and cyber crime is critical if you want to reduce losses and safeguard your reputation, but you need to make sure that your approach is effective. If your fraud detection ... Read More »

To be as effective as possible, fraud detection and prevention strategies should be supported with cyber threat intelligence. This guide breaks down cyber threat intelligence, shows how it works, and explains why it needs to ... Read More »

If you run a community bank or another small or medium-size financial institution, you don't have the budget of a large multi-national bank, but you still have to fight fraud across all your payment channels ... Read More »

At the time of writing, the government has issued up to three economic impact payments (EIP) to millions of Americans, and scam artists have rushed in to take advantage of this situation. Financial institutions need ... Read More »

When people become the victim of fraud, they blame their financial institutions. If you want to retain customers and keep them happy, you need strong defenses against fraud especially in the digital banking realm. Financial ... Read More »