For over a decade, a crucial part of fraud detection has been assigning an identity to every laptop, tablet, and mobile device that accesses a website or app. Such a fingerprint is a representation of hundreds of different device-specific values taken from an end user's device.
Today's device fingerprinting...
Security hygiene can be poor, and criminals know it. Fraudulent activity costs are in the billions worldwide across industries, and over 16 million consumers in the US were victims of identity theft or fraud in the past year. Learning to onboard new data at the speed of the business will ensure your fraud team can...
As account opening continues to transition from physical to digital channels, financial institutions and other organizations must optimize the digital experience of applicants in order to compete. At the same time, fraud is on the rise thanks to some of the same digital channel benefits enjoyed by consumers:...
How can we future-proof against fraud? Keith Carlson, general manager of payments and fraud prevention at Amazon Web Services, discusses the people, skills and technologies necessary to prevent fraud - and prepare for the unexpected.
Armed with stolen personal data, cybercriminals can easily bypass conventional identity authentication methods. So how can organizations strengthen authentication without harming customer experience? Shaked Vax of IBM Security shares insights.
Security hygiene can be poor, and criminals know it. Fraudulent activity costs are in the billions worldwide across industries, and over 16 million consumers in the US were victims of identity theft or fraud in the past year. Learning to onboard new data at the speed of the business will ensure your fraud team can...
Fraud losses have reached staggering amounts - an estimated $20 billion last year. Moreover, this very lucrative crime is here to stay. How can businesses bounce back after being victimized? Sadly, many cannot. This makes prevention, identification and isolation imperative to business operations. This session focuses...
Fraudsters are increasingly enhancing their schemes to make detection by traditional fraud models more difficult, and these shifting fraud patterns ultimately result in institutions continuously having to allocate additional resources. Furthermore, Fraud operations and investigations are faced with a constant flux in...
Behavioral Analytics already has proven its effectiveness against today's sophisticated fraud schemes. But fraudsters continue to escalate and diversify their attacks in and across channels and payment types, while FIs are pressed to expand services and improve the customer experience. This unique confluence of...
Fraud Summit - Chicago 2014 - Banking institutions face sophisticated fraud threats from multiple channels simultaneously, and traditional device and application controls are insufficient to provide security. Enter the concept of context-aware security, which leverages big data analytics among multiple layers of...
Fraud Summit - San Francisco 2014 - Could artificial intelligence have been used to prevent the high-profile Target breach? The concept is not so far-fetched. Organizations such as MasterCard and RBS WorldPay have long relied on artificial intelligence to detect fraudulent transaction patterns and prevent card fraud....
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