Scams are nothing new to fraud strategy and banking fraud risk appetites—what’s clearly changing is the amount of consumer loss, and it is staggering.
Jake Emry, Fraud Prevention Subject Matter Expert at NICE Actimize has helmed fraud detection strategy and optimization, risk minimization, innovation, delivery integration and analytical strategies to decrease fraudulent activity. Jake’s background uniquely combines Federal criminal investigations with a wide breadth of fintech, financial services and banking experience. Jake holds a master’s degree in Public Administration from California State University, Dominguez Hills.
Interpreting Updated Reg. E Guidance and Proposed U.S. Legislation on Authorized Fraud Liability
Social engineering scams are flourishing, putting a spotlight on the way unauthorized and authorized electronic transactions are interpreted under Regulation E (Reg. E). Banks
Major Bank Collapses Trigger yet another Scam Opportunity for Fraudsters
In the aftermath of the recent collapses of Silicon Valley Bank and Signature Bank, we have seen the emergence of new scam opportunities from
Fraudster’s Marketplace Shares Sophisticated ATO-bot Fraud Tools
Perpetrating complex fraud isn’t overly taxing; it’s as easy for fraudsters to procure the tools to infiltrate financial institutions (FIs) as it is for
FFIEC’s 2021 Online Security Guidance and Beyond
In the summer of 2021, the FFIEC released its long-awaited updated guidance on online security “Authentication and Access to Financial Institution Services and Systems”.