7) MEMENTO INC.: Product: Memento Security / CEO: BC Krishna / Why it's hot: ACH Fraud is on lots of banks radar these days as the next vulnerable channel.

FRAUD DETECTION

Ferreting Out New ACH Fraud

As fraudsters become more sophisticated, banks are being forced to rely upon a broader arsenal of electronic tools and techniques to root them out.

"Criminals are moving across channels and you need to have an enterprise view of fraud to catch the fraud," says Avivah Litan, vp and distinguished analsyt for Gartner. "You can't just look at the ATM channels or the check channels to catch the bad guys."

One vendor that's helping banks take a more comprehensive view of fraud is Memento Inc. The Concord, MA-based provider of fraud and compliance management software offers a...