ACH Fraud

Welcome to the News View for "ACH Fraud".

Here, on one page, you'll find all of the articles on Payments News for ACH Fraud listed in date sequence beginning with the most recent article at the top of the page.

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March 11, 2008

Concerns about Payments Fraud

Tags » ACH Fraud, Checking Accounts, Commercial Payments

The Association for Financial Professionals reports results from its 2008 AFP Payments Fraud and Control Survey concluding that" "payments fraud continues to challenge treasury and finance professionals, with almost one third of respondents to a new AFP survey reporting that incidents of fraud increased in 2007 compared to 2006." » Continue Reading

February 05, 2008

Memento Helps Protect Banks from Emerging ACH Fraud Threats

Tags » ACH, ACH Fraud

Memento has introduced a solution to address the escalating Automated Clearing House (ACH) fraud problem. The company says that "through proactive monitoring and detection, Memento Security, the company’s flagship platform, quickly identifies fraudulent activities that include identity fraud, kiting, reverse phishing, insider fraud and counterfeiting."

Separately, Memento announced that Shirley Inscoe and Mike Mulholand have joined the company. Inscoe, former Senior Vice President of Enterprise Payments Strategy at Wachovia, will be Memento’s Director of Financial Services Solutions. Mulholand, former Vision Risk Product Marketing Manager at banking and payments technology provider Metavante, has been named Director of Fraud Solutions Strategy. » Continue Reading