Tag: fraud
Let’s face it – not all knowledge based authentication (KBA) is created equal. I, too, have read horror stories of consumers forced to answer questions...
Many compliance regulations such the Red Flags Rule, USA Patriot Act, and ESIGN require specific identity elements to be verified and specific high risk...
When we think about fraud prevention, naturally we think about mininizing fraud at application. We want to ensure that the identities used in the...
By: Staci Baker According to Wikipedia, mobile banking is defined as, “a term used for performing balance checks, account transactions, payments, credit applications, etc....
By: Ken Pruett The majority of the customers I meet with use some sort of Velocity Checks to assist with their Fraud and Compliance process. However,...
By: Andrew Gulledge Bridgekeeper: “What is the air-speed velocity of an unladen swallow?” King Arthur: “What do you mean? An African or European swallow?” Here...
The U.S. Senate passed legislation recently that would exempt certain businesses from complying with the Red Flags Rule. Sponsored by Senator John Thune (R-SD),...
As the December 31st deadline approaches for FTC enforcement of the Red Flags Rule, we still seem quite a ways off from getting out...
As E-Government customer demand and opportunity increases, so too will regulatory requirements and associated guidance become more standardized and uniformly adopted. Regardless of credentialing...
Experian recently contributed to a TSYS whitepaper focused on the various threats associated with first party fraud. I think the paper does a good job...
By: Kenneth Pruett I really thought I was going to be on easy street after receiving two emails in less than a week. The...
In my last entry I mentioned how we’re working with more and more clients that are ramping up their fraud and compliance processes to...
Another consumer protection article in the news recently highlighted some fraud best practices for social networking sites. Click here to read the article. When...
Anyone keeping tabs on the legal scene would think data breaches are something new, given all of the legislation hitting the floor of Congress,...
Quite a scary new (although in some ways old) form of identity theft in the headlines recently. Here’s a link to the article, which talks...
Learn More Image
