Stay a step ahead of deposit fraud attacks
Financial institutions across the country are facing an increasing number of deposit fraud attacks as criminals take advantage of the anonymity and convenience of ATM and mobile channels. Consumers, too are increasingly falling victim to fraud scams, which can have significant emotional and financial effects.
Verafin’s innovative agents use artificial intelligence and machine learning to analyze a wide range of risk factors indicative of fraudulent deposit activity. From cross-channel analysis to advanced detection for out-of-the-ordinary customer behavior, and assessment of customer profile information, Verafin strengthens your deposit fraud program all while filtering out lower-risk items.