The financial services industry is in the midst of a shift toward integrating advanced analytics techniques into fraud prevention operations. Hear from two industry luminaries how fintech organizations challenged with limited skilled resources can use advanced analytics to identify patterns and
Countering fraud is an ongoing process in the world of finance, but it need not be an overwhelming one. When identifying fraudulent activity amid the millions of transactions that flood financial networks, IBM Safer Payments offers ways to help manage workloads while avoiding false positives.
From mobile to tablet to desktop, today’s banking consumers demand instant and all-hours access to their financials across multiple platforms around the world. Online theft has expanded in scope from isolated, single-channel incidents to a whole framework of fraud that can happen anywhere and
Rising use of mobile devices by cyber criminals to do their dirty work is in lockstep with the trajectory by which consumers are using mobile devices to do their banking. The reason, quite simply, is the same for both types of users—convenience. Fortunately, financial institutions are taking the
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