For more information, go to yodlee.com Reducing Fraud with Envestnet | Y odlee Account Verification The Challenge When Digital Federal Credit Union (DCU) introduced their online Payment Center, which enabled borrowers to make one-time or recurring loan payments from their credit union accounts, they hoped to make bill payment simpler and more flexible. The service was in place for years, until fraudsters noticed how easy it was to use. In October 2017, fraudsters started enticing scammed victims to open credit union memberships and give fraudsters their online banking credentials. Fraudsters would then use the payment service to deposit fraudulent funds and transfer funds out of the victim’s bank account. The initial deposits would then be returned because they were unauthorized or

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