TITLE

Ferreting Out New ACH Fraud

AUTHOR(S)
Hoffman, Thomas
PUB. DATE
September 2009
SOURCE
Bank Technology News;Sep2009, Vol. 22 Issue 9, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the Memento Security computer software from Memento Inc. which is claimed could help banks determine fraud on Automated Clearing House (ACH) transactions. Vice president (VP) of marketing Mike Braatz of Memento Inc. asserted that the software collects the right data by giving them with a list of ACH transactions and entering the information in a search engine. Avivah Litan, an analyst for Gartner Group Inc., said that the software's search capabilities are its strength.
ACCESSION #
44210609

 

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