How BAM+ Helped
Mitigate Fraud Loss and
Save VACU Millions
Virginia Credit Union was using a fraud detection system but they knew they could better safeguard their members’ money with a more robust, automated system that tracked all of their suspicious activity in one central place. After integrating the BAM+ fraud scenarios, they discovered suspicious activity that went previously undetected. Since using BAM+ fraud scenarios, Virginia Credit Union has prevented over $1 million in fraudulent wires alone, including almost $300,000 in elder financial exploitation.
Read Case Study