Blog

Loans are one of the most effective ways to generate revenue for your financial institution, but fraud can quickly erode this revenue source. Unfortunately, loan fraud is on the rise, and small business lending, in ... Read More »

To maintain a competitive edge, banks need to be customer-centric. Well aware of this fact, many banks have claimed to embrace customer-centric transformations, but over half of these banks have experienced at least one subpar ... Read More »

Fraudsters use a variety of techniques to target customers at your ATMs, and they also leverage hacking to remotely access your information. They're after both immediate cash and information that they can use to steal ... Read More »

Legacy check fraud detection tools have a very high-false positive rate — shockingly, there's usually only one fraudulent check for every 800 that get flagged for manual review. This puts a lot of strain on ... Read More »

Gen Z includes people born between 1997 and 2012. While some of this generation is still in middle school, its oldest members are starting their adult lives and foraying into the world of banking. Gen ... Read More »

Your employees play a powerful role in fraud detection and prevention at your bank. However, that doesn't necessarily mean they are assets in the fraud prevention process. They can help to reduce fraud at your ... Read More »

Signatures are still very important in the banking world. Although check use has declined, over half of Americans wrote a check last year, and they're especially popular for business clients. Annually, consumers write well over ... Read More »

Check 21 was probably the most important check-cashing law passed in the last two decades. Although this law was implemented nearly 20 years ago, it still defines the processes banks, credit unions, and other financial ... Read More »

Signature verification tools are critical if you want to reduce forgeries and protect your bank from losses. However, there are challenges with implementing these tools. This post looks at the unique challenges faced by mid-sized ... Read More »

Bank fraud software is a necessity for financial institutions. Sophisticated criminals are constantly finding new ways to exploit vulnerabilities in today’s banking system, and to protect your customers and your bank, you have to constantly ... Read More »