Feature Sheet

Wire Fraud Detection

Financial institutions are facing rising threats from consumer wire fraud and authorized push payment scams, such as Business Email Compromise. Combining behavioral analytics with consortium insights, Nasdaq Verafin’s Wire Fraud solution provides financial institutions with powerful wire fraud prevention.

Our unique approach uses a massive consortium data set, representing 2500 financial institutions and over 575 million profiled accounts, to provide comprehensive insight into wire payment risk — beyond the limitations of an individual institution and without sharing Personally Identifiable Information (PII).

  •   Business Email Compromise
  •   Fraud
  •   Fraud Scams
  •   Wire Fraud

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