Download ACH Alert’s whitepaper, “Transform Treasury Management with Actionable Fraud Prevention Solutions.”
PwC reports that over the past year, instances of fraud within the financial sector have increased by 130 percent. As fraudsters continue to evolve and seek new ways to steal financial information and funds, account holders want more than a basic banking platform that grants visibility over transactions – they need a detection and prevention tool that enlists their participation in combatting fraud. Banks and credit unions should consider implementing a modern, actionable online banking system that empowers account holders to take action in fighting unauthorized activity.
By directly involving account holders in the fight against unauthorized activity, financial institutions can transform their treasury management systems into a driving force for success. Here are some things to consider when your financial institution is selecting a fraud prevention solution: