Blog

A lot of the discussion about bank fraud centers around outfitting your financial institution with the right anti-fraud tools — and investing in anti-fraud solutions is critical. But you also need to consider the human ... Read More »

Effective KYC Procedures Reduce Risk and Safeguard the Customer Experience Banking customers expect to be able to use websites and mobile apps for all kinds of banking transactions including opening new accounts and applying for ... Read More »

How to Make Sure Consumers Can Trust Your Financial Institution Banks have to deal with a wide range of risks — profitability, credit, market, liquidity, and fraud are just a small sampling of the risk ... Read More »

Traditionally, data security has had a big hole, and confidential computing fills this gap in a way that can potentially help financial institutions reduce their risk of money laundering and digital fraud. This is especially ... Read More »

Financial institutions face a broad range of risks including compliance, operational, resilience, and ESG, but arguably, fraud tops the list. Banks are often stuck trying to mitigate these risks using aging infrastructures and outdated manual ... Read More »

Many safety measures embraced during the COVID pandemic showed consumers and businesses new possibilities. While these efforts were initially excepted to be temporary, they are now shaping the social and business world, and financial institutions ... Read More »

Buy now, pay later (BNPL) has become increasingly popular in recent years. While the concept of making installment payments on retail purchases is not new, BNPL offers a new iteration on this classic theme. It ... Read More »

During tax season, financial institutions have to deal with a specific type of fraud — tax refund fraud. Criminals file fake returns to claim refunds and then, have the money deposited into their own or ... Read More »

There are millions of counterfeit bills in circulation. Even with the rise of digital payments, counterfeit cash continues to be a risk for financial institutions. Nationwide, there are news stories about counterfeit bills almost every ... Read More »

Mule accounts are a critical element of many types of bank fraud. Scam artists open mule accounts to deposit fraudulent checks. They also recruit money mules and use their accounts to launder counterfeit instruments or ... Read More »