Identify application fraud and protect genuine user information from being exploited.
Identify money laundering activity and proactively detect the mule accounts before funds are moved.
Monitor web and mobile banking sessions to expose risky actions indicative of fraud.
Detect and stop authorized payment fraud before funds leave the customer’s account.
Enhance your existing compliant solution by adding security without unnecessary friction.
The world’s first inter-bank, behavior-based, financial crime intelligence-sharing network.
As mule accounts have become harder to detect, there has been a lot of buzz in recent years about the benefits of converging Fraud and AML practices to address the issue. With the global increase in authorized payment scams and changing liability rules for customer reimbursement, the business case for proactive mule detection is now very real.
Hear guest speaker, Trace Fooshee, Strategic Advisor in Aite-Novarica's Fraud & AML practice, discuss how regulatory and payment network changes for reimbursing scam victims will likely have a direct impact on fraud and AML operations and what can be done now to avoid the outcomes.