Modernizing Omnichannel Check Fraud Detection

Insurance Business America cites a recent report from Featurespace, a provider of enterprise financial crime prevention software. It observes that the financial sector is facing a significant conflict in that financial crimes – especially scams – are increasing, while at the same time laboring under the perception that any solution means added complexity and compliance…

Philadelphia has become a magnet for mail theft Rampant mail theft targets check Lowered enforcement resources afforded to the Post Office may be the cause Over the past several months, we have covered the wave of mailbox thefts & mail carrier robberies that has plagued the US. In fact, according to data from the Postal…

LinkedIn — the world’s largest internet professional network — is a great way for professionals to connect with colleagues and other industry leaders, strengthening relationships to advance their careers. Over the past few years we’ve seen many of these professionals use the LinkedIn platform to take an active role in spreading news and content that…

Banks and law enforcement have much to teach one another “Simple theft” is often the first step toward more sophisticated scams Check fraud is an easily accessible and “quick payback” scam methodology “Crime doesn’t pay” is a familiar statement. The deeper meaning is that the punishment outweighs the benefits. However, if we take the statement…

An exploration of the latest fraud trends Includes a step-by-step look at the manual marketing of fraud Yes, it’s true – fraudsters advertise their services to scammers In a new webinar presented by Abrigo, Mara Gibor, VP Of Intelligence Operations; Maria Noriega, Senior Cyber Threat Intelligence Analyst at Q6 Cyber; and Jess Kelley, Senior Cyber…

If you get a “wrong number” text, it may be a scam attempt Text scammers are very patient “I want to say she waited 20 days and a thousand text messages before she got into investments.” Many times we hear about scams and scammers that do their work quickly and move on. They rely on…

Walmart has a reputation as a “one-stop” shopping destination Toward that end, Walmart offers money transfer services Unfortunately, a lawsuit alleges they did not protect these transactions Walmart has enjoyed a reputation as the “one-stop” center for consumer needs, and, true to their reputation, they expanded into the money transfer space so their customers could…