ARGO’s Post

Account takeover and executive impersonation fraud are serious threats to ACH processing. Banks need strong monitoring of incoming and outgoing transactions to stay protected. #Banking #FraudPrevention #ACH https://hubs.la/Q02YqLyt0

For more than a decade, the popularity of ACH transactions has been on the rise. 📈 In 2023, the ACH Network handled 31.5 billion payments valued at $80.1 trillion 💰– and of those, Early Warning® helped manage the risk of 2.1B payments. As usual, criminals are paying close attention to banking trends, and they continue to devise new #fraud schemes that target ACH transactions. In response to rising ACH fraud threats, Nacha, is proposing a series of updates to its rules and regulations.💡Check out our latest blog to learn how the new rules will impact your financial institution!

Building an Unbreakable Shield: A Comprehensive Guide to Fraud Prevention for Banks! Our latest blog dives into banking fraud trends, what is needed in a fraud prevention framework, and how AI can help banks prevent fraud. Read now- https://lnkd.in/gwaERruc #fraudprevention #AIinfraud #banks #finance

Rippleshot exists to help our partners, like CPI Card Group, help their customers become strategically resilient to fraud by proactively stopping credit and debit card fraud. This Finnovate article dives into how our risk score-based reissuance approach helps financial institutions minimize customer impact and reduce fraud losses: https://lnkd.in/geh88zJE #banking #fraudmitigation #fraudprevention #cardfraud #banks #financialinstitutions

With check fraud on the rise, it’s important to take steps to protect your account. This new text alert service from Commerce Bank notifies customers about suspicious check activity, so they can keep their money safe. Features like this are key to stopping fraudsters and can provide some peace of mind when paying by check.

With check fraud on the rise, it’s important to take steps to protect your account. This new text alert service from Commerce Bank notifies customers about suspicious check activity, so they can keep their money safe. Features like this are key to stopping fraudsters and can provide some peace of mind when paying by check.

With check fraud on the rise, it’s important to take steps to protect your account. This new text alert service from Commerce Bank notifies customers about suspicious check activity, so they can keep their money safe. Features like this are key to stopping fraudsters and can provide some peace of mind when paying by check.

With check fraud on the rise, it’s important to take steps to protect your account. This new text alert service from Commerce Bank notifies customers about suspicious check activity, so they can keep their money safe. Features like this are key to stopping fraudsters and can provide some peace of mind when paying by check.

With check fraud on the rise, it’s important to take steps to protect your account. This new text alert service from Commerce Bank notifies customers about suspicious check activity, so they can keep their money safe. Features like this are key to stopping fraudsters and can provide some peace of mind when paying by check.

With check fraud on the rise, it’s important to take steps to protect your account. This new text alert service from Commerce Bank notifies customers about suspicious check activity, so they can keep their money safe. Features like this are key to stopping fraudsters and can provide some peace of mind when paying by check.