The State of ACH Fraud – Unique Insights from Guardian Analytics

Presented by

Debbie Lopez, Director of FraudDESK Operations & Strategic Accounts; Eric Tran-Le, Co-CEO & VP of Product Management

About this talk

ACH fraud rose significantly in 2018 with ACH credit fraud jumping to 20% and debit fraud increasing to 33%, according to the 2019 AFP Payments Fraud and Control Survey. The 2018 Federal Reserve Payment Study states that ACH fraud payments equate to 8 cents for every $10,000 in transactions i.e. $800K for $100B in ACH transactions. - Learn how to estimate the ACH fraud value - Benchmark yourself against your banking peers to compare if you have stopped as much ACH fraud as they have - Learn how Guardian Analytics detects and prevents the most recent ACH Fraud schemes The latest ACH fraud attacks combine known exploits such as email compromise with new exploits such as synthetic identity altering the ACH batch events. By monitoring end-to-end from login to batch transaction patterns with machine learning & behavioral analytics, Guardian Analytics is uniquely positioned to protect billions of ACH transactions in real-time. Join this session to learn how to identify, measure and thwart your potential ACH fraud.

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Guardian Analytics fights modern crime with a modern platform. We are the pioneer and leading provider of behavioral analytics and machine learning solutions for fraud detection and anti-money laundering software for financial institutions and enterprise organizations. Our solutions include Digital Banking Fraud Detection for Mobile and Online, Real-Time Payment Fraud Detection for Wire and ACH. Anti-Money-Laundering solutions that include Link Analysis and FinCEN reporting, addressing AML compliance requirements on a single platform, streamlining the case filing process. Hundreds of financial institutions have standardized on Guardian Analytics’ innovative solutions to mitigate fraud risk and stop the sophisticated criminal attacks targeting retail, commercial, and enterprise banking clients. With Guardian Analytics, financial institutions build trust, increase competitiveness, improve their customer experience, enhance compliance and scale operations. Guardian Analytics is privately held and based in Mountain View, CA. For more information, please visit www.GuardianAnalytics.com. Guardian Analytics is a registered trademark of Guardian Analytics, Inc