Alkami Technology, Inc. recently hosted a webinar, 'Banking on Security: Check & Real-Time Payments Fraud,' to help financial institutions address emerging fraud threats impacting consumer and business accounts. The webinar examined the rising risks of check fraud, which affects 65% of organizations, and real-time payments fraud, which exploits the speed of transactions.
Experts from Alkami, Alacriti, and ABNB Federal Credit Union discussed strategies to strengthen security frameworks through proactive fraud mitigation and a layered defense approach. Dennis Irwin, Alkami's chief compliance officer, emphasized the importance of a compliance management system in maintaining security and regulatory compliance.
Brad Cranford, director of product management at Alkami, highlighted the urgency of these threats, noting that financial institutions must stay ahead with layered, proactive defense strategies. This focus on security reinforces Alkami's commitment to safeguarding its clients and their account holders in an evolving threat landscape.
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