Case Study
Published February 4, 2025
Credit Unions Fraud Management Identity
Overwhelmed by evolving fraud attacks and a heavy reliance on manual reviews, a leading credit union turned to NeuroID’s behavioral analytics to spot advanced fraudsters and stop attacks in real time.
Key Results:
- Improved top-of-funnel fraud detection, reducing fraud losses, false positives, and unnecessary step-ups
- Decreased manual review workload, freeing up over 40 hours a month for customer service and growth initiatives
- Real-time detection of attacks, providing improved protection and confidence in fraud mitigation capabilities
Click the button below to access the case study
View now
Report
Global Insights 2025 Predictions
Key themes and emerging trends shaping financial services in 2025, using research and insight from leading industry analysts. Themes include:
- Fraud evolution driven by AI
- AI will play a transformative role in banking
- Emergence of RegTech
- Convergence of risk management
Tip Sheet
Arm employees with ID protection to fight data breach
Recent statistics reveal a direct connection between employee identity theft and business vulnerabilities. Compromised employee credentials can be a common entry point for fraudsters and putting your organization’s cybersecurity at risk.
- Up to 80% of cyberattacks leverage identity-based attack methods, and many breaches stem from phishing attacks targeting employee login details
- The average cost of a data breach was $4.88 million in 2024, the highest average on record.
- Cyberattacks are becoming more common, striking 4,000 times per day.
eBook
Navigating the Intersection of Credit, Fraud, and Compliance
Credit risk, fraud, and compliance have long operated in silos, but forward-thinking organizations are unlocking new opportunities through convergence.
Read our e-book to learn how aligning these critical functions can help you:
- Reduce overall risk
- Improve operational efficiency
- Stay ahead of the competition