Category: Cross Channel Fraud Monitoring

Find the truth about your Customers, yourself!

Find the truth about your Customers, yourself!

In an age where even scientific discoveries are turning out to be unreliable, scientists, of course state that these are “self correcting” and therefore in the long run, the truth shall prevail, businesses have something to worry about, mainly so because they need to take quick decisions based on the information they have available today and cannot wait till a more “accurate” version of the truth arrives...

Top 10 Priorities of Anti-Fraud Banking Executives in 2014 0

Top 10 Priorities of Anti-Fraud Banking Executives in 2014

 Anti-Fraud Banking Executives in 2014: I have been interacting with numerous banking executives across the globe this year regarding their anti-fraud initiatives. As we approach the year end, I would like to sum up the key expectations/wish-lists from their anti-fraud programs in 2014. This list is not ordered as per the priority. The need for a single technology platform for enterprise wide fraud detection: Single platform that...

Is the ‘Fear of Fraud’ slowing down innovation at your Bank?

Is the ‘Fear of Fraud’ slowing down innovation at your Bank?

Fear of fraud is seen as a challenge by banks in introducing innovative services and products.There is a great need for including fraud control imperatives in the banking service innovation journey. This blog analyzes the case of innovative Get Cash service at UK’s NatWest bank and how the fraud could have been avoided with intelligent fraud control systems in place.