Financial Fraud Prevention
This series of thought-leadership content shares the latest insights, methods and technology that can help your financial institution address current and potential fraud trends.
Data’s expanding role in protecting against fraud
Banking institutions lose billions of dollars each year to fraud, and every dollar lost comes with a 4X multiplier that jacks up the costs. ServiceNow’s Greg Kanevski talks with BAI’s Terry Badger about how banks and credit unions can put data to better use to push back on the bad actors and save big money in the process.
Social engineering scams: Like the worst blind date
Scammers take advantage of the human desire to be connected, build relationships and gain trust. Behavioral biometrics can help protect financial institutions and their customers from scams, even when genuine users are participating in the fraud transaction.
How banks can curb the threat of fake identities with real solutions
Deterring synthetic identity fraud doesn’t have to come at the price of a seamless customer experience. Banks and credit unions can prevent and manage fraud by implementing an innovative, multi-layered, consumer-centric, flexible identity verification strategy.