You may already know that automated signature verification is a tool that automatically verifies signatures to protect against forgery and fraud. But, do you know how this process works or why it's beneficial to you ... Read More »
If one of your customers gets their bank card, checkbook, or account details stolen, a thief may make purchases or draw money out of the account. Legally, you have to absorb some of these costs, ... Read More »
In many cases, your customers are the gateway through which scammers target your bank. As a result, when you educate your clients, you protect your entire enterprise. To safeguard your financial institution, you may want ... Read More »
Examining checks manually takes a lot of time and effort, but thanks to automated check image analysis, you no longer have to worry about that wasted time or money. Wondering how it works? Here's a ... Read More »
In 2015, a bank teller in White Plains, New York was at the helm of a group that stole $850,000 from multiple bank accounts. Two Chase bankers in Brooklyn took almost $400,000 from customer accounts, ... Read More »
Banking can be a competitive industry where you're always contending with the bank on the other side of town or even on the other side of the country. However, when it comes to fraud, banks ... Read More »
Transaction analysis is the process of examining bank transactions to look for fraud or other issues. To reduce fraud, banks need to analyze checks, ACH payments, loan transactions, debits, and credit card payments. Some of ... Read More »
When you run a financial institution, you need to safeguard your resources and your clients from threats. That often starts with a risk assessment. To help guide you in the right direction, here's a very ... Read More »
An ounce of prevention is worth a pound of cure, a stitch in time saves nine, and you can't put Humpty Dumpty back together again. There are countless sayings about the importance of proactive, preventative ... Read More »
Spoofing refers to a range of fraudulent practices where scam artists use email addresses, URLs, or phone numbers that mimic the email addresses, URLs, or phone numbers of a trusted person or business. All of ... Read More »