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.
September was a whirlwind of activity around Labor Day, back to school and the kickoff of fall conferences. Here is a recap of the top financial stories published on the IBM Big Data & Analytics Hub in September. Catch up on what you may have missed.
With the increasing sophistication of fraud attacks, businesses that don’t take fraud seriously do so at their peril. Adopting four best practices can help organizations combat cyber attacks and protect their assets.
The safety of personally identifiable information (PII) is becoming more precarious as criminals find ways to profit from scams. However, insurance agencies are fighting back by using big data more effectively to uncover nefarious schemes.
The IBM i2 Summit for a Safer Planet illuminated how fraud and crime in the financial sector are highly profitable and very damaging to the industry. Organizations facing the challenges of staying one step ahead of perpetrators can apply an advanced solution that places layers of analytics across
When combating smart criminals, smart analytics is one tool that the financial sector can’t afford to ignore. Not only by avoiding the direct effects of fraud but by avoiding regulatory costs, context-based computing can help banks evaluate the legitimacy of entities and identify their connections
If you took a vacation during August, as did many people, you probably need a summary of the great web content you may have missed. Here’s a recap of the top financial stories published on the IBM Big Data & Analytics Hub in August.
Customer-centric banking is providing tangible benefits to banks that want to increase customer lifetime value. By understanding your customers as individuals, you can tailor your marketing offers according to their needs and preferences.
In claims resolution, speed and efficiency are paramount. Just as drivers choose the optimal racing lines to put together the fastest lap during qualifying, insurers also must optimize their claims resolution process to avoid being overtaken by a competitor. Don’t be the insurer who is left in a