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Posts by traci.krepper

Introducing Precise Match

Posted on Dec 14 2012 by

One of our largest initiatives to date — the optimization and expansion of Checkpoint, our demographic and identity-element matching database. Checkpoint is undergoing comprehensive enhancements using a phased approach. As part of the development, a new name has been created for the launch: Precise Match.

The difficulty in finding “average” fraud rates

Posted on Dec 14 2012 by

The concept of an “average fraud rate” is an elusive one. In this article we look at several reasons why.

Knowledge based authentication for sales enablement

Posted on Dec 14 2012 by

Consumers today want to transact on demand and instantly, while businesses want to make safe, instant decisions and distribute their goods and services right away to recognize the revenue. Instant decisioning and immediate purchase approval is now more important than ever before.

Fraud and deposits

Posted on Dec 14 2012 by

Fraud in the deposit space is an underserved, often misunderstood area. Traditionally, fraud for financial institutions and retailers has been identity-related fraud where misuse of a third party’s identity leads to an unauthorized credit account. This credit account is then used to make purchases, cash advances, etc. until the line is depleted.

5 FFIEC Compliance Tips For Banks

Posted on Aug 15 2012 by

The Federal Financial Institutions Examination Council recently released the supplement to its “Authentication in an Internet Banking Environment” guidance. The deadline for meeting the new requirements is now.  These updates of the FFIEC regulations specifically address customer authentication, layered security, and other controls in the growing online environment.  Listed below are five questions about compliance […]

Speed Is the Key to Beating New Account Fraud

Posted on Aug 15 2012 by

Banks and other lenders need more advanced tools to help them detect and catch fraud perpetrators, as well as find new ways to improve profit margins on their credit holdings. The lifespan of a fraudster is short, but prolific. After a sharp and unexplained drop in identity thefts in 2010, fraud schemes climbed 12.6 percent […]

The role of the Social Security number in fraud prevention

Posted on Aug 15 2012 by

The value of the Social Security number (SSN) in the fraud prevention process is an oft-debated topic. Some companies put a great deal of emphasis on the SSN, while others feel the value of it has been lost. Those in the latter category may not even request it from their customers in the application process. […]

Data breaches — How will your company retain the confidence of your customers?

Posted on Aug 14 2012 by

Stolen passwords, stolen credit card numbers, stolen identity information: Open any newspaper or news service, and quickly you can find a cybercrime having been committed against large, and now increasingly, midsize companies. When this happens to your company, do you have a crisis plan in place, from mandatory letters to proactive public relations? In a […]