Employee Fraud

Internal fraud is an unpleasant subject for most banks and credit unions, since it represents a violation of trusted employees. But internal fraud can drain millions of dollars in revenues, reduce customer confidence, and undermine your brand. Memento brings you a powerful solution for spotting the telltale signs of internal fraud — and for stopping it quickly and effectively.

Find internal fraud

With Memento Security, your bank can monitor, detect, and investigate fraud by tellers, call center representatives, branch managers, and other trusted insiders. Our flexible, fast, and accurate approach helps you identify suspicious activities that can indicate fraud, including account inquiries, General Ledger misuse, account maintenance changes, abuse of incentive compensation, employee self-dealing, and more.

Fight internal fraud with powerful capabilities

Memento Security includes a range of scenarios designed to identify internal fraud wherever it may happen — in daily transactions, the General Ledger, and in key banking applications. Our scenario-based approach is flexible, so you can respond quickly to ever-changing internal fraud schemes.

Protect your bank from internal fraud

By stopping employee fraud faster, Memento Security reduces the impact and cost of fraud, discourages further abuses from other employees, lowers risk, and protects your reputation. With Memento Security, you can ensure that your bank — and its customers — is protected from this insidious problem.