Event: DemoSolutions to Combat COVID-19 Financial CrimeFebruary 10 at 12:30 PM - 01:30 PM ESTWhile fraudsters prey on consumer fear and uncertainty during the COVID-19 pandemic, financial institutions are experiencing significant changes in daily operations and in customer behavior – adding to the complication... |
Event: DemoOnline Account Takeover: Detecting Fraud in a Digital AgeJanuary 27 at 12:30 PM - 01:30 PM ESTOnline customer accounts are a serious target for sophisticated criminals looking to commit unauthorized transfers and harvest data to perform numerous types of fraud. With their ability to be accessed... |
BlogEconomic Stimulus Payments Targeted by FraudstersMay 8, 2020 by Verafin “The CARES Act… together with three related pieces of pandemic relief legislation represent at least $2.4 trillion in aid and presents unparalleled opportunities to assist those in greatest need... |
BlogTaking Quick Action Against COVID-19 CrimesMay 4, 2020 by Verafin Financial crime has proven to be a serious and growing challenge during the COVID-19 crisis. Fraudsters have promptly exploited the pandemic for their gain; with many financial institutions closed... |
VideoUnusual Access – Reconnaissance AgentA cybercriminal’s end goal is to siphon funds out of a victim’s online bank account. Once they gain access to the online account they will often make demographic changes to... |
VideoRisky Online Banking Setup AgentConfidence scams, like romance or job scams, are a growing ploy by fraudsters to establish trust with a victim with the end goal of obtaining personally identifiable information (PII) and... |
VideoUnusual Access – ACH AgentOnline customer accounts are a serious target for sophisticated cybercriminals looking to commit unauthorized transfers. Once an online account has been breached, money can be moved very quickly. This short... |
BlogFraud Risks in Turbulent TimesMarch 20, 2020 by Verafin As the COVID-19 pandemic continues to spread throughout the world, financial institutions have been encouraged to remain steadfast in their ongoing scrutiny of potentially suspicious behavior and to diligently... |
Case StudyUnited Community Bank prepares for tomorrow and prevents more than $1M in fraud losses, today.United Community Bank • Location: Blairsville, GA Assets: $15B • Core Banking System: Fiserv – Premier “In less than two months there’s been a clear return on our investment —... |
Case StudyRich Data Approach Provides Rich Rewards for Fraud TeamDigital Federal Credit Union (DCU) • Location: Marlborough, MA Assets: $10.4B • Core Banking System: Fiserv – XP2 “Within the first couple of alerts in Verafin, we were already... |
