Fraud is pervasive and impacts many sectors, but its impact on the healthcare industry is profoundly damaging from a cost perspective. Take a look at this point of view by experts demonstrating how fraudulent practices in healthcare administration can be dramatically reduced by fraud-detection
Financial institutions need comprehensive analytics to build a strong bank fraud detection strategy. Advanced analytics software provides the tools necessary for banks to recognize and act on suspicious patterns, quickly notify customers of fraud incidents and position themselves for faster
Put the kibosh on suspicious activity, bad actors and the illegitimate behaviors that often go undiscovered for government and social healthcare programs in particular. Learn more about advanced methods that utilize multilayered analytics in social program healthcare compliance solutions to counter
Historically, bank robberies could be violent episodes perpetrated by armed criminals. But in today’s digital era, bank robberies and other fraudulent crimes are being committed through highly sophisticated technological means cleverly disguised as legitimate transactions. Take a look at how
Fraud is a primary concern for financial institutions, particularly in the relatively porous channels opened by electronic banking and payments, which have seen notable exploitation by organized crime. However, some leading financial institutions have used emerging big data and analytics
Today we announce the acquisition of IRIS Analytics GmbH, an award-winning provider of real-time payments fraud prevention software. This strategic acquisition aims to strengthen our entire Safer Planet portfolio with the addition of IRIS’s advanced machine learning techniques and automated model
Although financial criminals exploit a wide range of channels in their attempts to defraud banks, check deposit fraud takes a notable toll on financial institutions. But even this type of fraud is only one of several particularly acute threats to customers’ accounts. For example, banks must also
Banks are seeking better fraud protection with deep analytics. These tools go beyond simple account monitoring in an attempt to mitigate the billions of dollars fraudsters steal each year through online and mobile channels.
Financial crime will surely become increasingly prevalent as it grows more sophisticated than ever. But businesses don’t have to accept financial crime. They need to get to know it and minimize it by identifying and understanding their customers. Rule- or profile-based search engines that many
The world can become an increasingly safe place when people who are in charge of real-world safety and cybersafety are equipped with data and analytics. From cyber threat analysis to public safety prediction and response, here are the Safer Planet initiative’s top 10 stories of the year.
Banks need a good strategy to keep from being blitzed by money laundering. Banking analytics can give financial institutions the offensive strength to put money laundering on the run—and keep it that way.
As criminals adopt increasingly sophisticated approaches to fraud across all industries, counterfraud solutions must rise to meet the challenge. Attend IBM Insight to discover how you can protect your business by implementing advanced analytics and predictive analytics solutions.