Memento provides next-generation technology and solutions that enable financial institutions to rethink and improve the way they combat fraud and manage compliance. Memento customers realize unmatched business value and rapid ROI.

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When good employees go bad—when they steal from the financial institutions that employ them and the customers that trust them.

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Detect and Prevent Employee Fraud

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Detect and prevent fraud committed by trusted insiders.


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Insider Threats: Great and Growing

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Institutions don't want to admit internal corruption. Hear Shirley Inscoe speak on the
problem of Employee Fraud.

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Memento Employee Fraud

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An Insidious, Costly Problem

More than anyone else, employees and other insiders know how to take advantage of your bank or credit union. Rogue insiders can commit fraud and steal confidential customer information, misuse the General Ledger, and abuse their position by performing unauthorized, fraudulent, or suspicious activities. Protect your reputation, assets and customers from the threats of employee fraud.

Proactive, Comprehensive Detection

Memento Employee Fraud combines leading analytics and robust forensic research and investigation capabilities to detect all types of insider fraud including:

Account Takeover & ID Theft

Stop trusted insiders from stealing customer’s money and personal information. Proactively identify and break the link between employee and external fraud.

General Ledger Fraud

Find fraud, errors and suspicious transactions against the General Ledger by monitoring all journal entries.

Abuse of Position

Prevent employees and other insiders such as consultants and temporary staff from committing policy violations such as self-dealing, incentive fraud and policy overrides that are often the precursor to major fraud cases.

Monitor and detect suspicious activity across a broad range of personnel and systems to zero in on the first signs of employee fraud before incurring losses and suffering reputational damage. Trust proven technology to empower your team with instant access to the data they need to effectively root out this insidious threat.  Memento Employee Fraud combines disparate, multi-source data, leading analytics and easy to access forensic research tools to proactively detect and prevent employee fraud. 

Key features of Memento Employee Fraud include:

Innovative Management of Enterprise Data

Take full advantage of broad, disparate, previously siloed information at your institution with innovative data management from Memento.

Behavioral Analytics Proven To Find Fraud

Uncover even the most well concealed employee fraud with behavior and natural peer group profiling that zeros in on fraud by comparing activity across a defined or discovered segment of employees.

Customizable Fraud Scenarios

Utilize powerful, customizable scenarios to empower staff to create and modify detection parameters to evolve defenses in the face of changing employee fraud.

In-Depth Forensic Research and Investigation Capabilities

Empower analysts with instant access to the data necessary to thoroughly research and understand potential employee fraud events.

Comprehensive Network Analysis

Identify complex linkages between employees, customers and transactions. Uncover and assess the full scope of a fraudulent event.

Efficient Management of Alerts

Resolve alerts quickly. Track performance with informative dashboards and share key metrics with powerful reporting capabilities. 

WHY MEMENTO?

Trusted by a range of customers – from the world's largest, most influential financial institutions, to community banks and credit unions – Memento solutions offer unequalled flexibility, accuracy, and value.

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“Organized criminals and hackers may dominate the news headlines, but employees are by far the most significant source of fraud exposure for banks today.This is a silent crime that is only publicized when the perpetrators are caught, and those apprehended represent only a small fraction of the total number of employees committing fraud today.”

- BC Krishna, Founder, Memento, Inc.