Faced with mounting Business Email Compromise (BEC) wire fraud scams, a southeastern regional bank was dealing with significant losses and reputational damage.
Nasdaq Verafin’s Wire Fraud solution, with real-time capabilities, allowed this institution to go from $2 million in wire fraud losses to a remarkable $395 in one year. Download this Success Story to learn about Nasdaq Verafin’s real-time fraud prevention capabilities, and the power of consortium data in fighting fraud.
