Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Harland Clarke partners with Memento
SAN ANTONIO (5/19/11)--Harland Clarke Corp., a payments provider, has partnered with Memento Inc. to offer Harland’s nearly 11,000 financial institution clients Memento’s enterprise fraud and compliance solutions. Memento’s proprietary software helps banks fight fraud related to checks, deposits, automated clearing house and internal issues. In 2008, financial institutions experienced more than $1 billion in losses due to check, deposit and kiting fraud, according to the American Bankers Association’s 2009 Deposit Account Fraud Study Report. In the same year, insider fraud accounted for about 60% of bank fraud cases where a data breach or theft of funds occurred, according to estimates by financial services research and consulting firm Celent. “Harland Clarke’s goal is to continually help our financial institution clients achieve greater success by addressing their needs,” said Dan Singleton, Harland Clarke, president/CEO. “As these needs evolve, so do the solutions we offer. “Memento has proven itself in providing the next-generation technology required to effectively combat fraud and compliance issues faced by banks and credit unions. Its solutions are recognized as offering exceptional accuracy, rapid return on investment and unmatched business value.”


RSS





print
News Now LiveWire
The U.S. Court of Appeals restored NCUA lawsuit v. Barclays Capital that charged misrepresenting quality of $550M IN RMBS. See News Now Wed.
9 hours ago
Registration is now open for the online livestreaming of @TheNCUA March 19 open board meeting. http://t.co/yOuqdXHlxj
13 hours ago
Registration is now open for online viewing of @TheNCUA's March 19 board meeting. https://t.co/mMZoXSFjMe
13 hours ago
.@CFPB Director Richard Cordray's testimony that he will deliver before the #HFSC this afternoon. http://t.co/NA1aEOPAeh
15 hours ago
Consumer spending flatlines, savings ramp up #Market #NewsNow http://t.co/94kPuBpMRK
16 hours ago