VALID Systems

Check fraud is evolving—are banks keeping up? ???? Karan Jain sat down with Rodney Drake at VALID Systems, to break down the staggering impact of check fraud and why real-time verification is a game changer. With 66% of all payment fraud still involving checks and losses surpassing $24 billion annually, it’s clear that outdated, manual processes aren’t enough. AI-driven fraud detection is the future—analyzing transaction patterns, flagging anomalies, and making real-time decisions to stop fraud before it spreads. Banks that embrace these innovations will stay ahead while keeping business moving. What’s your take on the future of check fraud prevention? #FraudPrevention #Fintech #CheckFraud #AI #RiskManagement

Bank Account Validation: Are Your Risk Models Catching What Matters? Validating a bank account isn’t just about matching numbers—it’s about ensuring funding legitimacy, transactional reliability, and fraud resilience. Traditional validation methods often miss critical risk signals that surface only after transactions fail. ?? The Hidden Challenges: ?? Accounts with insufficient funds or high return rates ?? Patterns of high-risk or abusive transactions ?? Fraudsters exploiting gaps in account verification ? The Solution? Smarter, Predictive Validation. Advanced data intelligence goes beyond basic checks, helping banks and fintechs predict funding risks, prevent fraud, and optimize payments—before approval. Are your validation processes built for today’s risk landscape? Let’s talk. ?? #BankingInnovation #FraudPrevention #RiskManagement #Fintech #AIinBanking #FinancialRisk #AlternativeData

Fraud Prevention Month isn’t just about stopping fraud—it’s about building stronger, more resilient accounts. InstantFUNDS is making a measurable impact on account longevity, reducing closure rates and improving retention. Watch this clip from our webinar with Nickolas Ledford and Gary Brand to see the data behind it. #FraudPreventionMonth #FraudPrevention #RiskManagement #FinancialSecurity #VALIDSystems #CheckFraud #InstantFunds

?? Alternative Data in Risk Models: Are You Seeing the Full Picture? Lenders and banks are embracing alternative data, but many models still fail to capture critical behavioral risk signals. Traditional credit scores and cash flow analytics tell only part of the story—but what about transaction patterns, account stability, and funding behaviors? ?? The Challenge: ?? Overreliance on limited financial history ?? Missing early indicators of payment risk & charge-offs ?? Gaps in assessing true account activity & reliability ? The Solution? Smarter Data, Stronger Decisions. By integrating instantaneous account intelligence through data intelligence, financial institutions can enhance risk models, prevent losses, and improve underwriting precision—before approving risky accounts. Are your models evolving with the data revolution? Let’s discuss. ?? #AlternativeData #RiskManagement #AIinBanking #FinancialRisk #CreditRisk #Fintech #BankingInnovation #DataDriven

?? First Payment Default (FPD): The Warning Sign You Can’t Ignore Do you know First Payment Default (FPD) is one of the strongest indicators of fraud and credit risk—accounting for up to 25% of early defaults? Traditional credit models often fail to flag these accounts before approval, leading to higher charge-offs and financial losses. ?? What’s driving FPD? ?? Borrowers with unstable cash flow or high return rates ?? Accounts strategically opened for credit abuse ?? Gaps in underwriting models that miss behavioral risk patterns ? The Solution? Smarter Risk Signals at Underwriting. Advanced data intelligence uncovers early warning signs of repayment risk—before funds are disbursed. The result? Fewer charge-offs, stronger portfolios, and better lending decisions. Are your risk models evolving to catch FPD before it happens? #BankingInnovation #FraudPrevention #RiskManagement #Fintech #AIinBanking #FinancialRisk #AlternativeData #CreditRisk

Fraud Prevention Month highlights a growing challenge: the burden of manual reviews. As fraud increases, financial institutions are struggling to keep up with the sheer volume of flagged images requiring human review. Many simply don’t have the resources to manage it all. That’s where layered fraud controls can help. ?? Watch this clip from our recent webinar with Gary Brand and Nickolas Ledford to learn more. For the full recording, visit https://lnkd.in/dZy8wraC #FraudPreventionMonth #FraudPrevention #RiskManagement #FinancialSecurity #VALIDSystems #CheckFraud

Fraud Prevention Month continues—because stopping fraud isn’t about a single solution, it’s about layers. VALID sits at the top of the waterfall, catching risk early before it flows downstream. By identifying fraud at the first line of defense, financial institutions can make faster, smarter decisions before bad actors slip through. Watch this clip from our recent webinar to learn more. For the full recording, visit https://lnkd.in/dZy8wraC. #FraudPreventionMonth #RiskManagement #FraudPrevention #FinancialSecurity VALIDSystems #CheckFraud

Fraud Prevention Month is here, and the numbers tell the story. Every day, 450M+ accounts go through VALID’s risk decisioning—helping financial institutions detect fraud before it happens. In this clip, Gary Brand shares the stats that highlight VALID’s impact. For the full recording, visit https://lnkd.in/dZy8wraC. #FraudPreventionMonth #RiskManagement #FinancialSecurity #FraudPrevention #VALIDSystems #CheckFraud

The VALID team has landed at Fintech Meetup 2025! ?? We’re here in Las Vegas, diving into conversations with fintech leaders, innovators, and industry experts. From the latest in risk management to cutting-edge financial solutions, we’re excited to exchange insights and explore what’s next in fintech. If you're attending, let's connect! Whether it’s at Booth #2132 or over coffee, we’d love to discuss how VALID can help drive your fintech success. ?? Drop by Booth #2132 ?? Network with our team ?? Let’s shape the future of fintech together See you at The Venetian! #VALIDSystems #FintechMeetup #Networking #Innovation #FintechFuture #LasVegas Fintech Meetup

Interview with Rodney Drake at Fintech Meetup