Fraudsters are getting smarter—is your organization equipped to keep up? Organized fraud groups are leveraging new tools and technologies to perpetrate fraud schemes at speed and scale. Like the new #RefundPhishing scams our fraud specialist Gregory Lenihan has been sharing details about. That's just one of many threats. Predictive analytics is where FIs of all sizes are gaining their edge. Every day fraudsters are finding new ways to infiltrate your card portfolio. Fraud and risk managers must have access to tools and data that help them do their jobs better and faster. To do so you need automated data analysis, enhanced card risk visibility and faster risk detection. You also need trusted fraud experts who can help you make sense of all that data and recommend fraud rules tailored to your specific pain points. Not sure where to get started? Our team of data and fraud experts can help.
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Missed it? Don’t fret. Attend anytime here https://lnkd.in/ggvpbb9A Fighting fraud and other types of financial crime like money laundering presents a constant challenge for companies. Unfortunately, fraudsters are also becoming more sophisticated, which means fraudulent activities are only expected to increase in frequency, speed, and effectiveness. So how can you save your company from the next attack? Legacy systems based on relational and other types of databases have shown themselves to be inadequate in detecting high-value fraud targets. Not seeing the real suspicious patterns, they often provide false positives, sending fraud analysts on fruitless investigations. And since it can take weeks to comb through data from multiple sources, fraudsters go undetected – until it’s too late. This inadequacy results in billions of dollars of economic loss every year. That’s not the case with knowledge graphs, which have been proven invaluable for fraud detection and prevention. To discover how you can use knowledge graphs to fight high-value fraud, join us for this 30-minute on-demand webinar for a live demonstration of a knowledge graph-based fraud detection system using Neo4j's graph database and analytics tools. You'll also learn: What a knowledge graph is How to use knowledge graphs to detect suspicious patterns rapidly How knowledge graphs enhance fraud risk assessment, demonstrated with real-world examples If you want to capture high-value fraudsters faster and more efficiently, be sure to attend this session.
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🔐 Unveiling 5 Critical Fraud Solution Oversights 🚫 Don't miss this must-read blog by Coby Montoya that reveals five critical fraud solution oversights that could be hindering your business growth and how to tackle them effectively. 1️⃣ Decisioning Based on Bare-Minimum Data: Learn how limited data can jeopardise your fraud operations and customer trust. 2️⃣ Missing Coverage for Primary Fraud Threats: Discover the importance of comprehensive protection against all types of fraud. 3️⃣ Disconnected Insights and Unclear Guidance: Find out how clear scoring and reasoning can improve fraud prevention. 4️⃣ Complex Scoring and Analysis: Simplify decision-making with intuitive insights. 5️⃣ No Investment in User Community: Join Sift's exclusive Sifters Customer Community for expert guidance and resources. Stay ahead of fraud and boost your business growth. Read the full blog here ⬇️ #FraudPrevention #BusinessGrowth #Sift
Five fraud solution oversights that gut business growth
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Analytics is a powerful tool for deterring and detecting fraud. Learn more about the analytical solutions for fraud prevention. http://2.sas.com/6045PxLaF #fraud prevention #fraud #fraud detection #predictive analytics
The power of analytics in deterring and detecting fraud
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Analytics is a powerful tool for deterring and detecting fraud. Learn more about the analytical solutions for fraud prevention. http://2.sas.com/6047PcsPL #fraud prevention #fraud #fraud detection #predictive analytics
The power of analytics in deterring and detecting fraud
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Sr. Business Manager SAS || Ex-Signzy || Newgen || Wipro || Analytics || Cloud || SaaS || Digital || Risk || Customer Intelligence || BPM ||
Analytics is a powerful tool for deterring and detecting fraud. Learn more about the analytical solutions for fraud prevention. http://2.sas.com/6040PYMjy #fraud prevention #fraud #fraud detection #predictive analytics
The power of analytics in deterring and detecting fraud
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Analytics is a powerful tool for deterring and detecting fraud. Learn more about the analytical solutions for fraud prevention. http://2.sas.com/6040PQoyG #fraud prevention #fraud #fraud detection #predictive analytics
The power of analytics in deterring and detecting fraud
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Supporting Organizations to identify & fight Financial Crime I Empower with Leading Data & Software Solutions I Enable Business Growth I Consultative Sales Practitioner
Exciting Times in Fraud Prevention: Top 7 Trends Shaping 2024 From global regulatory shifts to the rise of synthetic identity fraud, the landscape is evolving. Here are the key trends you can't afford to miss: 1️⃣ Regulatory Pressure Rising: -Risk management costs under the spotlight. 2️⃣ Synthetic Identities on the Rise: -Explosion alert! Synthetic identity fraud soaring. -Stay ahead with proactive measures. 3️⃣ AI in Criminal Hands: -Criminals embrace AI; we need new tactics. -Adapt your risk mitigation strategies. 4️⃣ Behavioral Biometrics in Action: - Combat complex fraud with behavioral intelligence. - Unlock opportunities for a 360-degree customer view. 5️⃣ Fraud Goes Global: - International borders no barrier for fraud. - Collaborate for effective fraud fighting. 6️⃣ 360-Degree Customer View Imperative: - Adapt or fall behind; embrace a holistic customer view. - Enhance risk assessment and customer experience. 7️⃣ Collaborative Fraud Fighting: - Team up for success; collaborative approaches win. - Explore the vast potential in collective efforts. https://lnkd.in/db-DEYjw Ready to elevate your fraud prevention game? Download the infographic from LexisNexis Risk Solutions for a deep dive into market developments, challenges, and proactive measures. 2024 is all about building trust and delivering a stellar customer experience. Let's stay ahead together! Baswaraj Gude, CAMS Santosh Nair Avinash Tanna Kalpesh Dhanawade Bushra Yousuf Suresh Vytla Sweta Chauhan Ankit Sharma Juliana Dias #FraudPrevention #IdentitySecurity #2024Trends
Fraud and Identity Trends to Watch in 2024 | LexisNexis Risk Solutions
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* Exciting News from Sift * We’re taking fraud prevention to the next level by expanding FIBR, our Fraud Industry Benchmarking Resource, now with insights into account takeover (ATO) and two-factor authentication (2FA) trends. 📈 Here's what's new: ▪ Access ATO attack rate & 2FA rate trend data. ▪Easily compare metrics across industries & regions. ▪Gain critical visibility for fraud prevention strategies. Why does this matter? Because fraudsters are evolving, and so is our fraud-fighting community. With ATO attacks soaring, it's crucial to stay ahead of the game. Now, you can spot trends specific to your industry and adjust your defenses accordingly. Example: 🔍 Loyalty Programs ATO Attack Rate: 11% 🍔 Food Ordering & Delivery 2FA Rate: 3.5% Armen Najarian, our CMO, sums it up: "With these new metrics, we're arming the fraud-fighting community with the insights they need to grow fearlessly." Learn more: https://buff.ly/4a56ZyR #AIPowered #GrowFearlessly #ATO #FraudTrends #FraudData #FraudPrevention #AccountTakeovers #FIBR #SiftFIBR #2FA
Expanding FIBR with Account Takeover and Two-Factor Authentication Trend Data - Sift
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Engagement Manager at SAS | Helping Customers Maximize the impact of Analytics in their Organizations
Analytics is a powerful tool for deterring and detecting fraud. Learn more about the analytical solutions for fraud prevention. http://2.sas.com/6045Pt8ZH #fraud prevention #fraud #fraud detection #predictive analytics
The power of analytics in deterring and detecting fraud
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Engagement Manager at SAS | Helping Customers Maximize the impact of Analytics in their Organizations
Analytics is a powerful tool for deterring and detecting fraud. Learn more about the analytical solutions for fraud prevention. http://2.sas.com/6046PWmOk #fraud prevention #fraud #fraud detection #predictive analytics
The power of analytics in deterring and detecting fraud
blogs.sas.com
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