Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, announced today that it is partnering with Early Warning Services, LLC, the network operator behind Zelle®, to make faster payments more readily available for minority-owned depository institutions (MDIs).

An executive at a religious financial institution is tempted to live a double life: empower the customers wanting to find their purpose or steal from the institution that helps them do so. A story of embezzlement, deceit and fraud.

A computer consultant sells his list of more than 700 synthetic identities to two Florida men to steal millions from COVID-19 relief programs. Synthetic identity fraud is the fastest growing financial crime in the U.S. and fraudsters are capitalizing on existing blind spots with traditional fraud risk models. Verify Identity is a new account opening tool built with ID Confidence, a Synthetics Indicator and Verify SSN to help stop bad actors from entering the system.

A dual citizen recruits a money mule to play with the hearts of many via online dating and swindle more than $5 million. At the point of application, Verify Identity coupled with Verify SSN equips a financial institution with confidence to say that a customer is who they say they are.