Blog

Your fraud detection and prevention efforts don't just affect your bottom line. They also impact your brand and your environmental social governance(ESG) posture. Reducing your fraud risk also positively impacts your financial institution's ESG. This ... Read More »

Since 2010, Bank of America (BOA) has been handling the debit cards for California's unemployment program. In early 2020, an unprecedented number of residents needed unemployment benefits, and at the same time, an unprecedented number ... Read More »

Small and midsize business (SMB) lending fraud has grown significantly over the last two years. COVID-19 and the increased use of mobile applications have fueled this type of fraud — in mid-2020, lenders were already ... Read More »

Every technology that improves the customers' banking experience also comes with new fraud risks. Mobile capture technology allows banking customers to conveniently deposit checks into their accounts without visiting a branch or ATM, but this ... Read More »

Internal fraud creates a significant risk for banks. The people who work at the bank understand its processes, and they are often in a better position to commit fraud than an outsider. Reducing the risk ... Read More »

The world of banking is changing rapidly. Customers are not as loyal as they used to be. They have more options, and they demand easy seamless banking experiences. To attract and retain customers, banks need ... Read More »

Machine learning is a critical feature of effective anti-fraud solutions. When an anti-fraud solution can learn, it builds more effective algorithms over time. As it analyzes transactions, it improves its approach. It learns to identify ... Read More »

As the COVID vaccine became available and business restrictions were lifted, people started traveling around the United States again. Unfortunately, scam artists quickly followed, and travel destinations experienced a significant spike in fraud attempts in ... Read More »

You've probably heard that criminals leverage the assets of the dark web to commit their crimes, but how does this happen? How do criminals access the dark web? What information do they find there? How ... Read More »

Rule-based fraud detection effectively allows you to set up filters to look for potential cases of fraud. When creating the rules, you use correlation and statistics to determine the transactions that are the most likely ... Read More »