Advanced Fraud Solutions reveals new account and volume growth in 2019

Thursday 23 January 2020 09:47 CET | News

Advanced Fraud Solutions (AFS) has announced growth in new bank and credit union customers as well as an increase in the volume of items processed.

AFS' fraud prevention tools help banks and credit unions proactively spot and stop fraudulent check, wire and ACH transactions before a loss can occur.

The company suggests that in 2019, AFS achieved expansion of its footprint to all 50 states, a 20% YoY increase in the volume of items processed, and customer growth of almost 100 new bank and credit union customers, such as half of the top 100 largest credit unions. Besides these, AFS says it also secured several strategic partnerships in 2019, including deals with Automated Systems and SQN Banking Systems.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Advanced Fraud Solutions, account, fraud detection, banks, credit union, fraudulent checks
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime

Industry Events