These risks can go undetected due to inefficient approaches followed by banks, making a comprehensive, AI-based strategy essential for resiliency.
A strong authentication process is key to mitigating mobile phone fraud and distinguishing legitimate customers from fraudsters. Don Smith, product manager of global fraud solutions at Neustar, a TransUnion company, spoke with BAI about strategies to Read More
Seth Ruden from BioCatch and Joey Zollinger from Alkami join us on the BAI Banking Strategies podcast to discuss a growing area of biometrics that focuses on customers’ digital behaviors.
Banking institutions must beef up the main areas of their operations, including data availability, technology resources and fraud talent.
Countering this complex challenge involves smart technologies and solutions capable of adapting and advancing as new fraud threats emerge.
Join us for this complimentary webinar to learn how forward-thinking organizations are leveraging a mixture of historical device data, device-to-identity linkages, and user behavior patterns to identify legitimate consumers and provide them the straightforward digital experience Read More
Collaboration allows investigators to combine resources to create a more sophisticated prevention model that mirrors what the bad actors are doing.
Vijay Balasubramuniyan from Pindrop joins us to talk about deep fakes and how this technology is impacting the world of banking.
Join us for this complimentary webinar to hear Parul Sharma from LexisNexis Risk Solutions expose common myths about fraud in the digital world and reveal the truths behind them to create a better and more integrated Read More
Security lessons that banks can learn from crypto will serve them well as they prepare to work with central bank digital currencies (CBDCs).
Real-time, digital payments have never been more pertinent for financial institutions. Unfortunately, criminals have exploited the instant nature of real-time payments.
Dewald Nolte, Chief Strategy Officer at Entersekt, explores how banks can solve SIM-swap fraud while also improving the user experience of their customers’ authentication journeys. He shares the impressive results seen by an issuer that implemented a state-of-the-art solution.
Greg Kanevski from ServiceNow shares insights on how banks and credit unions can put data to better use to push back on fraudsters and save big money in the process.
With new forms of financial fraud on the rise, financial services leaders have the challenging task of protecting their customers – and organizations – and still delivering a strong customer experience that minimizes friction. Hear the latest BAI research on what types of fraud are on the rise and what today’s leaders are doing to combat it effectively.
Explore major fraud trends and gain actionable insight into how financial institutions can deter fraud by successfully implementing an innovative, multi-layered, consumer-centric, flexible identity verification strategy.
John Paul Blaho, Senior Director of Product Marketing at BioCatch, walks through an intricate and sophisticated scam process and shares insights on how genuine user behaviors change in scenarios where trust is built. He also shows where behavioral biometrics can help protect financial institutions and their customers from these types of scams, even when genuine users are participating in the fraud transaction.
A key takeaway from many billions of dollars in PPP losses is that tech-based solutions may be increasingly necessary as lending scams grow more complex.