Given the escalation in sophisticated financial crime, what would be some of the key must-haves when evaluating a strong Enterprise Fraud Management solution?
Month: May 2017
Credit Cards & EMV
Credit cards have evolved from magnetic strips to chip-and-pin, chip-and-choice, and chip-and-signature cards. EMV is now the de facto global standard for the chip technology embedded in financial payment cards. In the fourth quarter of 2012, there were 1.62 billion chip cards in use across 80 countries.
The World of Cyber Crime: A Quick Sketch
The world of cybercrime is immense. Knowing your enemy is half battle won. Banks have been baffled and ravaged by perpetrators of Cybercrime. This infographic provides a quick peek into the world of cybercrime and helps bankers understand what needs to be done to protect themselves from these ravagers.
Economic Crime – What The Stars Foretell
A quick round up of select recent cybercrime incidents, emerging trends, a sneak peek in to what will fraud look like in time to come and what banks need to do to combat the menace going forward?
Digital Finance: Whats next? Trends driven by technology
A visual depiction of how digital finance is transforming transactions along with a snapshot of the change indicators
Financial Fraud: Greatest Hits of 2016
2016 had a financial fraud being committed once every 15 seconds, compelling financial institutions to buckle up. The trend will continue through 2017 with newer, more innovative attempts. Imperative therefore to think innovatively to stay ahead of the game.
Credit Card Frauds 101
US$ 500 million is lost every year to fraud credit card fraud. More the online transactions – more the more the probability of falling prey to credit card fraud. Here’s a sneak peek into the methods fraudsters use.
Cybersecurity vulnerability in Indian banks
Banks and financial institutions are seized with newer forms of threats to the safety and security of their data, a critical asset for any organization. In the age of Internet of Things, criminal activities and data theft have also gotten smarter and savvier, with criminals increasingly using technology to break technological barriers within the banking system.
Redefining Starfish Banks with Use Cases
Cross channel scams are the most pervasive form of frauds perpetrated against bank customers. This whitepaper takes the help of use cases to highlight the importance of cross-channel systems.
Combating Cross channel Fraud
Banks throughout the world are recognizing that fraud has become sophisticated and more and more pervasive. They need to move away from silo based systems to take into account channel-specific fraud management techniques that have the ability to share information with other channels for accurate multi-channel fraud detection.