Case StudyBuilding a Better Picture of Customer Activity with FRAMLx and FRAMLxchangeIon Bank • Headquarters: Naugatuck, CT Assets: $1.8B • Core Banking System: Fiserv DNA “There was a FRAMLx alert that indicated the person was up... |
BlogU.S. Bank Account Information Sold on Dark Web MarketplaceAugust 25, 2016 by Denise Hutchings A recent online post under the “Fraud” category of a Dark Web marketplace read as follows: “High Balance [redacted bank name] Logins 30K-150K Available…I bring you freshly hacked [redacted bank name] Bank Account Logins. The accounts are notorious for having... |
Archived WebinarPreparing your Fraud Program for the FutureOriginally Presented: August 24, 2016 In this 30-minute presentation, Mauriceo Castanheiro, Director of Fraud Analytics, discusses the evolution of card fraud, the impact of EMV technology on financial institutions today,... |
Case StudyAn Easy Decision: First National Bank of Granbury on Choosing VerafinFirst National Bank of Granbury • Headquarters: Granbury, TX Assets: $833M • Core Banking System: FIS Horizon “It also strengthens OFAC compliance in this same... |
Case StudyLike Comparing Apples to Oranges: RiverLand FCU is Rescued by VerafinRiverLand FCU • Headquarters: New Orleans, LA Assets: $296M • Core Banking System: Jack Henry “Verafin gave us a real-time solution: a lot of different... |
Case StudyMaking the Switch: Verafin Rescues First United Bank and Trust from their Adaptive Intelligence BSA/AML Compliance VendorFirst United Bank and Trust • Headquarters: Oakland, MD Assets: $1.7B • Core Banking System: FIS IBS “The analytic piece of Verafin is phenomenal. There’s... |
Case StudyA More Efficient ProcessPrime Trust Federal Credit Union • Headquarters: Muncie, IN Assets: $210M • Core Banking System: Jack Henry – Symitar Episys “The training we received was... |
Case StudyVerafin helps the dedicated FIU team at Capitol Federal® Savings Bank prevent more than $350,000 in check kiting losses with early detection.Capitol Federal® Savings Bank • Headquarters: Topeka, KS Assets: $9.6B • Core Banking System: FIS MISER “We’ve been able to detect more suspicious activity,... |
BlogFinancial Fraud Charges in ISIS-Related Arrests in the USFebruary 8, 2016 by Denise Hutchings Yesterday the House Homeland Security Committee reported that law enforcement authorities have arrested 81 individuals in ISIS-related cases in the United States since 2014 – 62 in 2015 alone. The cases include individuals plotting attacks; attempting to travel to join... |
Feature SheetOnline Banking Fraud DetectionInstitutions need to be on guard for fraudsters targeting online channels to access customer accounts to perpetrate unauthorized transfers. Verafin’s enhanced cloud platform and powerful... |
