BankInovation

FEBRUARY 8, 2024

Industrywide, financial institutions are seeing an uptick in synthetic identities, scam activity and check fraud even as digital channel adoption grows. In fact, check fraud is expected to reach $24 billion in 2024, according to a Jan. As consumers lean into […]

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Abrigo

MARCH 8, 2024

Bank wire fraud is growing and becoming more complex. Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today. Takeaway 2 Transnational criminal organizations commit b ank wire transfer fraud and use a variety of techniques to make Americans their victims. Investment scams were #1, with over $4.6

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Perficient

FEBRUARY 29, 2024

This blog was co-authored by Perficient’s Chief Strategist and banking expert: Scott Albahary A slowing global economy, coupled with a divergent economic landscape, poses challenges for the banking industry in 2024. Fraud Detection Banks are increasingly turning to AI-powered solutions to effectively detect and prevent fraudulent activities.

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Abrigo

FEBRUARY 22, 2024

Check fraud prevention is at the forefront for financial institutions Banks and credit unions report that check fraud is impacting their institution more than any other threat. You might also like this upcoming webinar on Homeland Security fraud investigations. These conditions can increase the likelihood of all types of fraud.

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Jack Henry

AUGUST 20, 2024

The Jack Henry™ 2024 Strategy Benchmark highlights the latest risk, fraud, and security trends that can impact your financial institution over the next two years.

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Abrigo

JANUARY 22, 2024

6 Steps t o mitigate fraud risk tied to new products Your AML and fraud teams' input is key when it comes to offering new bank products. You might also like this infographic, "Beyond immediate fraud losses: How the costs and impacts of fraud snowball." download NOW Takeaway 1 Fraud losses totaled $485.6

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Abrigo

FEBRUARY 6, 2024

4 Reasons better check fraud prevention is a good investment Check fraud is on the rise. Learn how you can save time and money in the long run by updating check fraud prevention capabilities today. At the same time, check fraud is increasing dramatically. At the same time, check fraud is increasing dramatically.

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The Paypers

OCTOBER 18, 2024

UK Finance has released its Half Year Fraud Report for 2024, outlining trends in payment fraud and scams reported by its members during the first half of the year.

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Abrigo

FEBRUARY 8, 2024

Client fraud education to prevent banking losses Financial institutions play a crucial role in safeguarding customers and members from fraud. Fraud education is key. You might also like this infographic: 5 Fraud typologies impacting you and your customers or members. DOWNLOAD Takeaway 1 U.S.

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The Paypers

OCTOBER 22, 2024

The Paypers has released the Next-Gen Technologies to Detect Fraud and Financial Crime Report 2024 , highlighting how banks, fintechs, and PSPs leverage AI to combat advanced fraud.

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The Paypers

OCTOBER 31, 2024

AU10TIX , a provider of identity verification and management technology, has launched its Q3 2024 Global Identity Fraud Report at the Money 20/20 US event.

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American Banker

SEPTEMBER 30, 2024

In September's roundup of top banking news: Check fraud goes viral at JPMorgan Chase, Truist Financial resets its tangible common equity target, Wells Fargo faces new AML woes and more.

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Gonzobanker

JUNE 6, 2024

Add these action items to your card fraud checklist to strengthen your defenses. The hacker group ShinyHunters allegedly breached Ticketmaster’s data in late May 2024, including credit and debit card information for over 560 million consumers worldwide. Check fraud is up 171% year over year based on a recent Actimize study.

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Jack Henry

FEBRUARY 20, 2024

The new year is here, and once again I’ve compiled a summary of predictions for cybersecurity in 2024. The following are what analysts and industry experts agree are the current cybersecurity trends and threats we must prepare for as we execute plans for the year.

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American Banker

OCTOBER 31, 2024

This month's roundup features news about the rising concerns of Zelle fraud, JPMorgan Chase's AI arms race with Capital One and more.

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Jack Henry

JUNE 7, 2024

Explore top insights from Jack Henry's 2024 Strategy Benchmark. Dive into key findings on financial benchmarks such as technology trends, metrics, & more.

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The Paypers

SEPTEMBER 6, 2024

Global technology company specialising in identity verification and management AU10TIX has launched its Q2 2024 Global Identity Fraud Report, which highlights substantial trends in large-scale organised identity fraud.

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American Banker

SEPTEMBER 9, 2024

Reports of fraud committed against financial companies are on pace to, for the first time, fall this year compared with 2023. Consumer reports of fraud are also down.

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Gonzobanker

MARCH 28, 2024

2024 will prove to be a remarkably busy year in the digital space, when many financial institutions will make near-life-or-death choices about the future of their digital platforms and how they will support them. Get ahead of the game and resolve to make 2024 the institution’s true Year of Digital. Follow Josh on LinkedIn.

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Javelin Strategy & Research

NOVEMBER 7, 2023

Banner Section Home Rss.xml 2024 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge.

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Perficient

OCTOBER 24, 2024

The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks. On June 6, 2024, the Office of the Comptroller of the Currency (“OCC”) Acting Chairman, Michael J.

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Perficient

NOVEMBER 1, 2024

The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks. Written comments and information were requested on or before August 12, 2024, but the results were not published as of the writing of this blog.

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American Banker

JUNE 3, 2024

In this month's roundup of top tech news: A firsthand look at the impact of Zelle fraud, the Supreme Court upholds the Consumer Financial Protection Bureau's funding, Walmart's split from Capital One and more.

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Abrigo

JANUARY 3, 2024

1, 2024, many companies must begin reporting information about who ultimately owns or controls them to a federal beneficial ownership registry. 1, 2024, many companies are required to begin reporting to the U.S. 1, 2024, have one year (i.e., 1, 2024) of the BOI Reporting Rule. Effective Jan. Department of Treasury 2.

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Perficient

NOVEMBER 19, 2024

The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks. On April 19, 2024, the Japanese government published new “AI Guidelines for Business Version 1.0” (the “Guidelines”).

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American Banker

JULY 31, 2024

In this month's roundup of top banking news, how the widespread CrowdStrike outage affected banks of all sizes, JPMorgan Chase's new tech bet for combatting rising fraud, what Project 2025 could mean for bankers and more.

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Gonzobanker

JANUARY 18, 2024

Having complained in a recent post on LinkedIn that a lot of the predictions I see are nonsense, you may think I’m crazy for posting my own set of predictions for 2024. That said, here are my banking and fintech predictions for 2024: 1. Tech companies that enable banks and credit unions to provide BNPL will have a good year in 2024.

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The Financial Brand

FEBRUARY 26, 2024

This article These Are the Biggest Fraud Risks Banks Will Face in 2024 appeared first on The Financial Brand. Fraud is on the rise — and new tools and strategies are likely to amplify it in 2024. This article These Are the Biggest Fraud Risks Banks Will Face in 2024 appeared first on The Financial Brand.

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The Financial Brand

JANUARY 1, 2024

This article Trends 2024: Banks Must Ramp Up Protections as Mobile Fraud Grows appeared first on The Financial Brand. This article Trends 2024: Banks Must Ramp Up Protections as Mobile Fraud Grows appeared first on The Financial Brand.

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Perficient

NOVEMBER 4, 2024

The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks. As of the fourth quarter of 2024, no specific AI-related rules or regulations have been proposed or enacted by the CFTC.

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PYMNTS

JANUARY 24, 2020

Merchants have to participate in eCommerce if they want to maintain relevancy in today’s economy, but their engagement in online transactions also exposes them to new forms of fraud. And in digital fraud, phishing poses a unique threat to businesses. All this, Today in Data.

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Perficient

OCTOBER 28, 2024

The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks. Fraud screening.

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Abrigo

SEPTEMBER 30, 2024

Streamline fraud and AML efforts Financial institutions that combine fraud and AML/CFT alerts into a single transaction monitoring system can strengthen defenses and improve efficiency. One critical shift is the integration of fraud and AML/CFT alerts through shared AML case management systems.

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The Paypers

SEPTEMBER 25, 2024

The Paypers has launched the sixth edition of the Fraud Prevention in Ecommerce Report , with a thorough overview of the hottest trends in the global fraud ecosystem.

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The Paypers

SEPTEMBER 13, 2024

AU10TIX , a global technology identity verification and management provider, has today released its Q2 2024 Global Identity Fraud Report.

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The Paypers

DECEMBER 6, 2023

Estonia-based Veriff has launched its Identity Fraud Report 2024 on global identity fraud.

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The Paypers

JUNE 26, 2024

US-based fraud detection provider Sift has launched its Q2 2024 Digital Trust Index, which revealed that 76% of businesses currently face AI-enabled fraud consistently.

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