Fraud has become pervasive
Fraud is a top-of-mind concern for financial institutions, particularly as electronic banking and payments opened a new and relatively porous channel, which organized crime has exploited in some rather complex and profitable schemes. But some leading institutions have found ways to effectively counter the threat through practical transformation plans supported by emerging technologies related to big data and analytics. This report examines their best practices for fighting fraud, as well as for transforming operations to do so.
About the authors
Associate Partner, Strategy and Analytics, Fraud,
IBM Global Business Services
Worldwide Financial Crime Industry Leader, IBM Analytics
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