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Article, Banking, Government Agencies,
How GIACT Approaches Risk Management & OFAC Compliance
When the United States implements sanctions against a country or a group of individuals, domestic companies are required not to do business with the bad actors. From narcotic traffickers to suspected terrorists, belligerent states to authoritarian governments, there are many individuals and groups that companies are barred from dealing with.
PNC, GIACT® Launch New Identity Verification; Authentication Offering
PNC Bank announced today a strategic alliance with GIACT to employ the Epic Platform's verification and authentication technology. PNC commercial clients will be armed with GIACT's real-time fraud prevention tools to confirm an account is open, active and in good standing prior to initiating a payment.
[Video] How to ‘Out-Digital’ Your Attackers without Compromising Customer Service
How do you stop fraudsters without slowing down your customer service? This 2 minute video explains how you can stop digital attacks in their tracks without adding friction to customer touch points.
In case you missed it
In Battling Identity Fraud, Finding The (Synthetic ID) Devil Behind The Details
With the advent of chip cards in the United States, fraudsters have been looking for new avenues through which to continue their criminal enterprises. The data is out there now, more than ever before – and, as he said, all stakeholders need to be proactive in the battle.
GIACT and Advanced Fraud Solutions Announce Strategic Partnership
GIACT® Systems and Advanced Fraud Solutions (AFS) today announced a strategic partnership to enhance AFS’s TrueChecks® solution with GIACT’s EPIC Platform® The joint solution gives retailers and other billers the ability to verify account status and investigate any history of account fraud, prior to accepting payment in order to reduce returned items.
Infographic: The Growing Costs of Identity Fraud
The volume of fraud attempts and the cost-per-incident of losses have increased in recent years. According to Javelin Strategy & Research's, 15.4 million consumers in the U.S. were victims of identity theft in 2016 at an estimated cost of $16 billion.
Banking, Insurance, Lending, Webinars,
Are you prepared for Beneficial Ownership?
The new FinCEN regulation is changing how financial institutions must collect data on Beneficial Owners of certain legal entity customers. How will your FI adjust and lower the costs of compliance. Click to view.
Banking, Billing, Insurance, Lending, Utilities, Webinars,
Gaining Visibility into Identity Verification Blind Spots
Synthetic Identities are proving to be one of the most powerful tools fraudsters have to escape identity proofing systems. Learn how you can bolster your defenses against synthetic identity fraud and other evolving identity fraud tactics. Click to view.
Banking, Insurance, Lending, Money Service Businesses, Webinars,
The Dark Side of Faster Payments: Protecting your Customers from Emerging Threats
Faster Payments is quickly becoming a reality in the U.S. for multiple use cases, ranging from person-to-person (P2P), to corporate disbursements (B2C), and much larger B2B transactions.