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GIACT Names David Barnhardt Chief Experience Officer
GIACT Systems today announced the appointment of David Barnhardt as Chief Experience Officer.
GIACT Recognized for Outstanding Innovation by Tech Titans
GIACT Systems®, the leader in helping companies positively identify and authenticate customers, today announced that it has been recognized by Tech Titans, the largest technology trade organization in Texas, as the 2019 Emerging Company Innovation winner.
GIACT Report: $3.4B Lost To New Account Fraud In 2018
A new report from GIACT Systems has revealed that $3.4 billion was lost due to New Account Fraud (NAF) last year.
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.
White Paper: The Evolution of New Account Fraud
New Account Fraud is growing in severity with an estimated 3.2 million consumers harmed in 2018 alone. Many organizations are unprepared to meet the challenge, and the impacts are being felt across a diverse range of industries from financial services and insurance to lending and utilities and others. GIACT has partnered with Javelin Strategy and Research on a new white paper exploring the evolution of NAF.
GIACT Issues Report Identifying New Account Fraud Losses and Latest Targets
GIACT Systems® today announced the release of a newly commissioned report, The Evolution of New Account Fraud, produced by Javelin Strategy & Research. The report highlights the latest new account fraud (NAF) trends, tactics and recommendations for preventing NAF.
GIACT® Announces Automated OFAC Monitoring Product
Today GIACT announced the launch of gOFAC Monitoring – GIACT’s new OFAC compliance solution that eliminates false positives and accelerates compliance processing.