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The Facts to Know Before Wasting Money on Inferior Legacy Fraud Solutions

The Facts to Know Before Wasting Money
on Inferior Legacy Fraud Solutions

Here’s The Facts to Know Before Wasting Money on Inferior Legacy Fraud Solutions

27%
The increase in Zelle network transactions since last year

$4
The costs incurred by financial institutions for every $1 of fraud

 

37%

The percentage of decision makers at financial institutions that rank fraud detection and prevention as a top priority

 

70%

The increase in reported fraud losses since 2020 alone

 

90%

The percentage of malware-based attacks one institution averted over a 3-year period. Preventing up to $7.5 million in fraud losses

 

$52 BILLION

Last years total losses for consumers and institutions due to identity frauds, including new account frauds

 

97%

The reduction in fraudulent transactions one institution saw when incorporating ToolCASE’s suite of real-time, Ai-backed fraud detection and prevention tools

 

By budgeting for legacy fraud solutions, which have become obsolete, you may not only be wasting money on systems that no longer work, but you’re setting your institution up for potentially large fraud
related losses.

Budget Responsibly And Stop Accumulating Fraud Losses

ToolCASE is the preferred artificial intelligence-backed solution for real-time risk management in a real-time banking world.

Discover how ToolCASE can help reduce your institutions fraud costs at: www.ToolCASE.com