July 7, 2016 by Verafin
Until now, the lack of any general requirement for financial institutions (FIs) to know and verify the identity of the beneficial owners of their entity customers created the opportunity for criminal exploitation of the banking system through anonymous access. This...
July 6, 2016 by Verafin
With the transition to EMV firmly underway in the United States, we thought it would be a good time to discuss progress and the potential impact to your card fraud programs. Liability Shift As of October 2015, Liability Shift (LS)...