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Mobile to the Max

FICO

This week’s reveal: prior to March 2020, I had never used the mobile deposit feature of the banking app on my phone. Since then, I’ve deposited nearly a dozen checks using this nifty capability. Second, after I figured out how to use mobile deposit the first time, I asked myself, “Why did I ever go to the bank?

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COVID Crime: What Is Money Muling, and How Can We Fight It?

FICO

Consumers are taking “mobile to the max” by using their phones for mobile deposit, contactless payments and person-to-person payments. Mobile deposit and money transfer, just two of the powerful features of today’s mobile banking apps, make it much easier for people to move money.

Crime 52
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DataVisor and Mitek Team Up to Help Financial Institutions Fight Check Fraud

Finovate

In addition to its solution for check fraud, Mitek also offers a low code identity verification solution, an biometric authentication solution MiPass , and Mobile Deposit , the company’s mobile remote deposit capture offering. Today, 99% of U.S.

Checks 59
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Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules

FICO

Innovative Customer Communications for Fraud. Detecting possible fraud is important, but what you do with that suspicion may matter even more. Taking the most strident fraud prevention actions might seem the intuitive answer but suspicion is often unfounded, and most customers are not fraudsters.

Scams 52
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How Have the Finovate Best of Show Winners Fared?

Fintech Labs Insights

Spring/West 2020 (Digital): Breach Clarity (acquired by TransUnion): Cybersecurity solutions for financial fraud detection, received critical acclaim for its innovation. BankOns: Mobile offers and rewards platform, integrated with banking apps for real-time savings. Prosper: Pioneered peer-to-peer lending in the U.S.,