Fraud is a growing occurrence with new threats continuing to emerge. Financial institutions need a security strategy that provides first-class protection while balancing the need for a seamless user experience.
Fiserv can help you implement a layered approach to risk mitigation and security across every attack surface, so you can detect emerging fraud schemes and respond in real time.
Fraud against bank deposit accounts amounted to $25.1 billion in 2018, up from $19.1 billion in 2016, according to ABA estimates. This amount includes $2.8 billion in losses to the industry and $22.3 billion in fraud prevention, i.e., fraudulent transactions that were stopped by banks' prevention measures.
Source: ABA Deposit Account Fraud Survey, American Bankers Association 2020
Endpoint Security
Protect your organization and your accountholders with intelligent network monitoring, biometric authentication, device verification and behavior analytics
Online Security
Secure your commercial banking accounts through a browser-based gateway channel with user-specific permission, server-side site validation and private browsing limited to approved sites
Infrastructure Protection
Secure your infrastructure, back office and data with behavior analytics, machine learning and professionally managed computing services from Fiserv
Activity Monitoring
Alert staff and accountholders to suspicious activity with tools such as real-time account alerts, transaction monitoring, behavioral profiling and credit score monitoring
These financial institutions agree that NotifiSM from Fiserv empowers their accountholders to stop fraud
Advanced technologies are needed to prevent financial crime
Hear leaders of Ponce Bank discuss how CyberProtectSM from Fiserv addresses sophisticated threats, enabling staff to focus on other business priorities.
To learn more about how Fiserv can help you mitigate fraud and emerging threats, complete the form below.