Is Wire Transfer Versioning Protecting Your Wires?

Wes Wilhelm, Lead Fraud Subject Matter Expert, Risk & Fraud Management

Logging data for every change made to a wire transfer can enhance banks’ ability to find fraudulent transactions.

In recent years, high-visibility fraudulent wire transfers have become well documented and the bane of many financial institutions. But it doesn’t have to be that way. Whether the customer is the victim of an account takeover attack, compromised login credentials, or a man-in-the-browser attack, wire versioning analysis technology has proven to offer significant benefits to improve wire transfer fraud detection. Read the rest of Wes’ blog post on Bank Systems & Technology.

Looking Forward: Top 8 Fraud Trends for 2020

December 18th, 2019
Rob Tharle, Fraud & Authentication Subject Matter Expert, NICE Actimize EMEA

Fed Fraud Definitions WG: An Important First Step Towards Collaborative Fraud Fighting

September 27th, 2019
Rob Tharle, Fraud & Authentication Subject Matter Expert, NICE Actimize EMEA
Speak to an Expert

WE USE COOKIES

We use cookies to ensure that we give you the best experience on this website. If you continue without changing your settings, we’ll assume that you are happy to receive all on the NICE website. However, if you would like, you can change your cookie settings at any time. To find out more about how we use this information, see ourPrivacy Policy.