Hybrid fraud detection models that ensure high fraud detection rates with low false positives is a vital to banking enterprise fraud management. A hybrid model’s techniques helps accurately risk score transactions and advise appropriate interventions in real-time.
Expectations from digital banking have evolved rapidly and are quite different today from what they were just 2 years ago. Success in digital banking now has several
It is perhaps an overwrought cliché these days to begin all serious contemplation through the digital lens. Nowhere is this truer than in the case of the BFSI sector, which has seen it’s fair share of upheavals in the last several months. Most notably (and perhaps tellingly), ‘Digital’ Fraud and Risk Management features high on the agenda of bank boards, as they grapple with new threats and new realities everyday.