Discover the five steps that will help protect your institution from mobile deposit fraud.
Mobile banking has changed the way your financial institution works. Are you prepared for the speed and volume of fraud that comes with it?
A recent survey by research analyst firm IDC found that 64 percent of mobile end users accessed mobile banking solutions from their financial institution (FI). Of that 64 percent, 70 percent were highly active, checking their bank accounts multiple times per week. Not surprisingly, 31 percent of these users check their bank accounts at least once per day.
With recent RegCC changes treating mobile deposits like any other check, it is more important now than ever before to establish consistent and timely hold policies across all deposit channels.
In this new whitepaper, the fraud prevention experts at Advanced Fraud Solutions lay out a five-step plan for combatting account losses caused by mobile deposit fraud. Give your institution the tools it needs to safeguard itself, from fraudsters infamous for adopting new technologies before businesses can respond.
Get instant access by requesting your copy of our white paper today!