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Press & News

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Some of the many articles and news items related to Memento, Inc., are listed below.  A complete list of press releases and related content is available through the menu on the left.

February 22, 2012

Memento and Orbograph Partner to Deliver Enhanced Check Fraud Prevention Solution

Memento Inc., a leader in enterprise fraud management solutions for financial institutions, announced an agreement with Orbograph Ltd. to deliver enhanced check fraud detection solutions to the financial services industry.

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December 22, 2011

Memento and Bank Info Security Discuss $2 Million ID Theft Scam

Feds Bust $2 Million Fraud Scam
Bank Insiders Key to Alleged ID Theft Scheme
by Tracy Kitten, Managing Editor
Source: Bank Info Security

U.S. federal authorities have indicted 55 suspects for their alleged involvement in an identity-theft and financial crime ring that used insiders at [various institutions] to steal personally identifiable information from more than 200 individuals and organizations.   

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November 30, 2011

Memento Offers Insight on NYC Card Skimming Takedown

NYC Card Skimming Take-down
Elaborate Insider Fraud Scheme Targets AmEx Cards
by Tracy Kitten, Managing Editor
Source: Bank Info Security

Authorities in New York have indicted 28 suspects for their alleged connection to an organized credit-card forgery and larceny operation.

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November 21, 2011

Insider Fraud Suit – Memento Weighs In

Insider Fraud Suit: Example for Others?
by Tracy Kitten, Managing Editor
Source: Bank Info Security

Computershare, which provides investment services to more than 2,700 corporate clients and 15 million shareholders in the United States, has filed a civil suit against Kathyann Pace, a former internal risk management auditor.  

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August 08, 2011

Memento Partners with Customer to Fight Fraud Using Layered Security

Fighting Online Payment Fraud with People and Tech
By: Jeremy Quittner
Source: American Banker

In 2010, National Penn, which has $9 billion in assets and 123 branches, began using a Memento anti-fraud service to look across silos and channels and detect anomalies for ACH and wire transactions as they occur.

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July 26, 2011

Memento Helps Financial Institutions Meet New FFIEC Guidance

Memento Inc., a leader in Enterprise Fraud Management solutions, today announced that their award winning Enterprise Platform helps financial institutions meet the layered security guidelines as issued in the June 2011 supplement to the FFIEC’s 2005 Authentication in an Internet Banking Environment.

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July 18, 2011

Memento Welcomes Software Veterans to Key Leadership Positions

Memento Inc., a leader in Enterprise Fraud Management solutions, today announced that Ellen Nussbaum and Ken Lawrence, two software industry veterans, have joined the company in key management positions. Both executives bring successful track records and a wealth of enterprise technology experience to help Memento continue to accelerate growth and expand its solutions.

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July 05, 2011

Memento's Shirley Inscoe, formerly of Wachovia, on Citi's Employee Fraud Case

Citi Case Exposes Insider Risks
by Tracy Kitten, Managing Editor

Source: Bank Info Security

On June 26, federal authorities arrested a former Citigroup executive for allegedly embezzling more than $19 million from Citi and its customers. Gary Foster, who worked in Citi's treasury finance department, was arrested by the Federal Bureau of Investigation at John F. Kennedy International Airport, just as he returned from a trip to Bangkok.

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June 21, 2011

First National Bank of Pennsylvania Selects Memento Enterprise Platform to Defend Against Deposit Account Fraud Threats

Memento Inc., a leader in Enterprise Fraud Management solutions for financial institutions, today announced that First National Bank of Pennsylvania (First National Bank), the largest subsidiary of F.N.B. Corporation (NYSE:FNB), has selected the Memento Enterprise Platform to combat deposit account fraud over multiple payment types and delivery channels.

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May 16, 2011

Harland Clarke Announces Alliance With Memento

Leading solutions provider will offer award-winning fraud and compliance management software solutions to financial institution clients nationwide

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