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
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
10 hours ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now: http://t.co/RzNLMnaROO
12 hours ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
12 hours ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
12 hours ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
14 hours ago