The fraud is constantly changing, and it also moves around based on vulnerabilities at the different financial institutions. The most common fraud that we see is what we call account takeover fraud. In the earlier example, we were speaking about some of the phishing exams, a person's credentials or personal, identifiable information that allows criminals to overtake their bank account. Then they start a systemic practice of draining the funds from that bank account, sometimes to different receiving institutions, and pulling the money out of the financial system.
At Interac, we are in a unique position where we can see that fraud cross institutions across our network into different financial institutions on the receiving end. What we've developed is a fraud detection system that patterns that behaviour and is able to detect it. Then it either blocks the transactions or holds them for further review.