Software that focuses on transactions rather than staff behavior to spot and stop internal fraud avoids the problem of personalizing fraud risk, which can demotivate staff and put off new recruits. ...

Banks running fraud-prevention software that incorporates collective artificial intelligence can cut fraud monitoring costs by 77 percent, helping them meet new regulations efficiently and ...

By analyzing the behavior of staff, customer and the transaction itself, banks can spot and stop not only known fraud types but also new frauds, writes Joël Winteregg It takes on average 16 months to ...

Banks need to take a wide view when assessing the true return on their investment in fraud-mitigation software, writes Sebastian Aldeco

The final part of our series looking at regional fraud offers a global overview highlighting the differences – and similarities – in the threats that banks face today Fraud is a global problem ...

Whether it’s rogue relationship managers in private banking, professional cyber criminals from Eastern Europe or banks’ inability to spot contactless fraud, Europe has its own specific set of ...