In the battle against check and ACH fraud, a Positive Pay system stands as an indispensable line of defense for financial institutions, providing robust fraud detection capabilities. By validating …
Best Fraud Detection Tools in Banking: The Complete Guide for FI Stakeholders
Deposit fraud is an ever-present threat, every year draining billions from unsuspecting account holders—and financial institutions. Your financial institution stands on the frontline of banking fraud …
CSE Federal Credit Union Fights ACH Fraud and Empowers Financial Inclusivity with Advanced Fraud Solutions
Solution In our conversation with Ms. Fye, we learned that the decision to integrate Advanced Fraud Solutions into CSE's fraud prevention systems was an easy one, motivated by the integration …
The warning signs and growing threat of new account fraud
In the world of deposit fraud, new account fraud is a frequent flyer because without an established history it can be easier for new account holders to sneak through. Fraudsters use existing people's …
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Watch Out for the Latest Treasury Check Fraud Tactics [Updated for 2024]
In the wake of the pandemic of 2020, the CARES Act represented a crucial financial lifeline for millions grappling with economic instability. However, this surge in government assistance also …
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How Logix FCU Safeguards Members and Optimizes Operations with Advanced Fraud Solutions
Matt Overin, Manager of Fraud Risk Management at the credit union, has extensive experience in the industry, lends a distinct perspective on the challenges and solutions necessary for effective fraud …
