With the holidays now upon us, fraudsters have a wide range of opportunities available. Wire fraud will be on the rise involving charity scams, sweetheart scams, social engineering, and more. It’s critical that FI’s can detect, and prevent, these fraud attempts in real-time.

Preventing wire fraud starts with understanding how it is perpetrated and the options fraudsters have for initiating fraudulent wire requests. Legacy rules-based solutions aren’t enough - it’s time to elevate your wire fraud prevention strategy.

In this white paper, gain expert insights on:

• Examples of fraud cases illustrating the breadth of schemes and strategies in play
• The true cost of wire-fraud to financial institutions - monetary and reputational
• A proven, recommended, AI behavior-based fraud prevention strategy to detect wire fraud, regardless of how the wire request was originated or what fraud scheme is in play