Category Archives: Success Stories
A Tale of Two Banks (A True Story)
We hear often from our bank and credit union clients about the account takeover and fraud they’ve stopped using our anomaly detection solution, FraudMAP. Normally the movie plays out roughly the same: fraudster meets bank account, fraudster likes bank account, … Continue reading →
The REST of the Online Banking Fraud Story
Yesterday, Bloomberg posted a lengthy article – Hackers Take $1 Billion a Year from Company Accounts Banks Won’t Indemnify – highlighting the serious problem of online banking fraud attacks against small and medium sized businesses (SMBs). I’m pleased this is … Continue reading →
A Community Bank Perspective on Fraud Prevention
I recently spent some time with one of our community bank customers and I was struck by their business and technology approach to securing their account holders. This Illinois-based $2.5B bank strives to offer leading online and mobile products competitive … Continue reading →