Combating ACH Fraud with a Consortium Approach

September 24, 2024 by Nasdaq Verafin

The Automated Clearing House (ACH) payment rail has seen significant growth, with the NACHA network processing 30 billion payments valued at $76.7 trillion in 2022, up 3% and 5.6% respectively over 2021. This growth has gained unwanted attention from fraudsters,... 

NACHA’s New Rules: What Your Institution Needs to Know

As Authorized Push Payments scams increase, fraudsters are increasingly targeting ACH payments. In response, NACHA has implemented new rules to strengthen their network against fraud.... 

ACH Fraud

Last year, NACHA’s ACH Network saw its eleventh straight year of growth exceeding $1 trillion as demand from consumers for electronic payments increased — and fraudsters... 

ACH Fraud: NACHA Promotes Detection Across Transactions

April 23, 2024 by Nasdaq Verafin

Last year, NACHA’s ACH Network saw its eleventh straight year of growth exceeding $1 trillion as demand from consumers for electronic payments increased — and fraudsters are following the money. As Business Email Compromise (BEC) and other authorized push payment... 

Fraud Trends & Technology 2023

January 22, 2024 by Colin Parsons

Fraud never sleeps, and neither should financial institutions. As digital technology continues to develop new and faster ways to move money throughout the financial system, fraudsters are evolving to find new ways to intercept that money and commit their nefarious... 

2023 Fraud Trends & Technology

Join us as we help financial institutions stay in lock step with industry trends and uncover innovative solutions to fight fraud more effectively and efficiently... 

2023 Fraud Trends & Technology

Originally Presented: December 7, 2023

Tune in to this special rebroadcast as we help financial institutions stay in lock step with industry trends and uncover innovative solutions to fight fraud... 

Combating ACH Fraud: Realize A Step Change in Detection

Many financial institutions are challenged by ineffective ACH fraud detection — limited to their own data and with little insight into payee risk. At Verafin,... 

Combating ACH Fraud: Realize A Step Change in Detection

Originally Presented: October 25, 2023

Many financial institutions are challenged by ineffective ACH fraud detection — limited to their own data and with little insight into payee risk. At Verafin,... 

Business Email Compromise: Tracing the Lineage of a $50B Fraud Problem

August 21, 2023 by Nasdaq Verafin

Across the financial industry, few scams are as notorious as Business Email Compromise (BEC), and for good reason. The Internet Crime Complaint Center (IC3) has announced that since 2013 losses attributed directly to BEC surpassed $50B, representing a nearly 6300%...