Grasshopper Leverages FiVerity for Commercial Banking Fraud Solution

Transactions: Grasshopper Leverages FiVerity for Commercial Banking Fraud Solution

by Alijah Poindexter  
April 6, 2022 
Risk & Security 

Grasshopper, a $298.9 million digital consumer bank, has selected digital fraud analytics provider FiVerity to mitigate fraud in its commercial banking originations. FiVerity uses machine learning to identify fraudsters at the origination stage. Grasshopper President and CEO Mike Butler saw FiVerity’s “potential to move this model over into the commercial space.”