Many suggest that the insurance industry's operating models already include the cost of fraud, creating higher cost structures and premiums. By taking full advantage of the integration and advanced capabilities being offered by leading counter fraud solution providers, enterprise counter fraud
Hunting the elusive black swan that is a fraudulent high-value payment requires a meticulous process of refining the fraud detection methodology to accurately identify the small variances in usual customer patterns. See how spotting elusive black swans requires the right tools to spot variances in
Incumbent fraud-detection models just aren’t up to the task of revealing black swans in high-value payment channels managed by financial institutions. See how the key to identifying the fraudulent activity that is a black swan in your flock comes down to understanding and spotting the deviations of
Apache Spark, sometimes called the “analytics operating system,” is empowering organizations of all kinds through machine learning by helping them create unprecedented value from their data. Discover eight ways that Apache Spark’s machine learning capabilities are driving the modern business.
Don’t let your guard down in the digital playground: although social media networks have become a part of daily life for many of us, they pose greater risks than many realize. Find out how solutions designed to identify fraudulent activity and stop it in its tracks help make financial security the
Analytics enables banks to comply with regulations and reduce the risk of fraudulent practices in four major areas. These innovation-driving areas include identifying suspicious transactions, staying within the law to uncover predatory lending practices, defending against online threats and
Graph database technology powered by open source initiatives is helping fraud detection units catch intruders in the act of breaching data security. Tune in for an enlightening discussion of how modern approaches to analytics are bringing descriptive and predictive analytics together to help stop
With the help of IBM and The Weather Company, insurers are giving their customers a safe port in the storm. Learn more about how you can use weather data analytics to show your policyholders that you mean business about the weather and its impact on lives and property.
Financial institutions everywhere face the ever-present threat of fraud, particularly in the relatively porous channels opened by electronic banking and payments—channels notably exploited by organized crime. Some leading financial institutions, however, unwilling to stand still as threats advance
Every fraudster leaves behind a trail, but not every business is equipped to identify the telltale signs of fraud in its data. Find out how creating a culture of analytics can help your company differentiate itself from the competition by cutting down on losses incurred by fraud.
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.
With the help of IBM and The Weather Company, insurers are giving their customers a safe port in the storm. Learn more about how you can use weather analytics to show your policyholders that you mean business about the weather.
Turn the tide of the battle against insurance fraud by adopting analytics practices that give you the edge against perpetrators. Using counterfraud management, you can evaluate the data at your fingertips to identify and analyze patterns that can help you combat fraud even before it arises.
Attend IBM Insight 2015 to follow the latest trends in insurance analytics, including telematics, weather events and predictive customer insights. Check out this list of insurance-related sessions to begin planning your Insight schedule now.
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.