IBERIABANK is dedicated to protecting the bank and its customers with fraud detection and prevention. Such protections are vital to ensuring a financial institution’s safety and soundness, as well as its reputation in the marketplace. While these investments typically represent significant cost centers, fraud prevention tools can be an exception to the rule if they are able to pay for themselves by preventing losses and maintaining customer trust and satisfaction. In a recent article in Bank Director, IBERIABANK highlights how through the use of OASIS™ (Optimized Assessment of Suspicious Items), they were able to leverage OASIS to inspect payment instruments through automation and better identify potential fraud to be visually inspected, resulting in the prevention of $300K in check fraud and increased operational efficiencies that have enabled staff to focus more time and attention on additional revenue-generating activities. To learn more about the bank’s successes with OASIS, read the full article here.