Quick Headlines Ally Bank targeted via FBI-agent spoof, attempted bank-fraud play Connecticut indictment alleges stolen-check scheme hitting bank accounts OCC releases August enforcement actions with governance signals Loan officer HELOC manipulation case moves toward sentencing Key Stories Ally Bank spoof via fake FBI authority DOJ reports a Texas suspect posed as an FBI agent … Continued The post Fraud insights: Ally Bank spoof, OCC enforcement, and HELOC fraud appeared first on Advanced ...| Advanced Fraud Solutions
Check fraud continues to rise, but adoption of prevention tools like Positive Pay still lags. That’s a problem. To solve it, Advanced Fraud Solutions has partnered with Tyfone to embed Positive Pay directly into the Tyfone nFinia® Digital Banking platform. Now, commercial clients can access check and ACH fraud prevention tools—right from their existing digital … Continued The post AFS + Tyfone: Embedded Fraud Prevention for Commercial Banking appeared first on Advanced Fraud Solutions.| Advanced Fraud Solutions
Positive Pay relies on precise and accurate file submissions to catch discrepancies and prevent fraud. Understanding the file format specifications is critical for seamless integration into your banking systems. This guide unpacks the details, ensuring your files are error-free and compliant with Positive Pay requirements. Why File Formats Matter Financial Institutions use Positive Pay to … Continued The post Positive Pay File Format Guidelines appeared first on Advanced Fraud Solutions.| Advanced Fraud Solutions
Discover how Positive Pay helps financial institutions and businesses prevent check and ACH fraud. This comprehensive guide explains how Positive Pay works, types of coverage (including ACH and Payee Positive Pay), and implementation best practices for banks and treasury teams. The post Positive Pay System Definition and Benefits for FIs and Business Accounts appeared first on Advanced Fraud Solutions.| Advanced Fraud Solutions