The Federal Reserve’s FraudClassifier Model Marks Five-Year Anniversary
The model’s expanding global adoption represents progress in building a more fraud-aware, resilient and connected payments ecosystem.
Addressing Deposit Fraud Using Both the ScamClassifier and FraudClassifier Models
Individuals can be deceived or manipulated with fraudulent check deposits. Learn how these schemes work and how to detect check scams using the ScamClassifier(SM) and FraudClassifier(SM) models.
Leveraging Two Models to Help Fight Fraud and Scams
The Federal Reserve’s video tutorial explains the connection points between the FraudClassifier(SM) and ScamClassifier(SM) models and how to use them together to analyze incidents.
Engagement in Action: FraudClassifier Model Receives Positive Industry Reception
Tim Boike, Vice President, Federal Reserve Bank of Chicago, provides updates on the Fed’s collaborative efforts with the payments industry on the FraudClassifier model.