Feature SheetEnterprise Reporting & DashboardsFinancial crime management is a fast-paced and challenging environment characterized by evolving criminal trends and shifting regulatory landscapes. Rising to these challenges requires quick and... |
BlogNo Jackpot: Recognizing Lottery Scam ActivityAugust 14, 2017 by Verafin Congratulations! You’ve won the lottery! Wait. How have you won a lottery you don’t remember entering? Who cares! It’s a lot of money, right? Unfortunately, not in this case. There’s a catch… there’s always a catch. This is a variation... |
BlogFour key indicators for uncovering fraud in your loan charge-offsAugust 1, 2017 by Verafin Auto loan fraud is a hot topic. Given the potential size of the problem, it is hardly surprising. At the Barclays Global Financial Services Conference in September 2016, JPMorgan Chase provided insight into the state of auto lending risk. In... |
Feature SheetOnline Account Takeover DetectionOnline customer accounts are a serious target for sophisticated cyber-criminals looking to commit unauthorized transfers and harvest data to perform numerous types of fraud. Verafin... |
BlogRomance Fraud ScamsJuly 9, 2017 by Verafin Crime prevention is regularly focused on statistics and numbers. High dollar losses make for eye-catching headlines, sometimes making it easy to forget that fraud has a very human impact. If there is one thing we know about criminals, it’s that... |
BlogACH Payments: Mitigating the Risks of Faster FraudJune 12, 2017 by Verafin ACH payments have become one of the primary means of noncash payment in the past fifteen years. As consumers demand more convenience and flexibility in their banking options — these popular electronic money transfers create potential risks for your financial institution.... |
eBookUnderstanding Fraud Schemes & ScamsNow Updated for Q1 2024! Fraud is constantly evolving. As the industry has implemented controls to protect against traditional first-party and account takeover fraud, fraudsters... |
InfographicFraud Schemes & ScamsFinancial institutions need to be on the lookout for fraudsters who use a variety of ploys to swindle individuals. These schemes and scams can generate... |
Case StudyVerafin’s innovative fraud detection analytics help a California-based FI prevent over $55,000 in potential fraud loss.A California FI • Headquarters: California Assets: $17.5B+ • Core Banking System: Fiserv DataSafe “We’re stopping fraud a lot quicker, catching things that, before, might... |
