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Modern Bank Robbery: Addressing Cyber Fraud in Retail Financial Services

Cisco

How can banks effectively combat account takeover, new account fraud, and other modern cyber security threats? Retail banks can start by protecting customer accounts with security that goes beyond a single user ID and password using a strong multi-factor authentication (MFA) solution like Duo Security. billion in 2018.

Fraud 63
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Modern Bank Robbery: Addressing Cyber Fraud in Retail Financial Services

Cisco

How can banks effectively combat account takeover, new account fraud, and other modern cyber security threats? Retail banks can start by protecting customer accounts with security that goes beyond a single user ID and password using a strong multi-factor authentication (MFA) solution like Duo Security. billion in 2018.

Fraud 48
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4 AI Predictions for 2023: From the Great Correction to Practical AI

FICO

Specific to artificial intelligence (AI), companies are reconsidering moonshot projects like self-driving cars ; Ford and VW exited their joint robotaxi venture, and Alphabet, with its Waymo subsidiary, is under particularly intense heat from activist investor TCI Fund Management. Here are my predictions for Practical AI in 2023: 1.

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FICO’s New AML Scores Use AI and Machine Learning to Detect More Money Laundering

FICO

With AML operations in many banks deluged with false positives, it’s no surprise that sophisticated money launders continue to evade detection. Scott is most recently focused on the applications of streaming self-learning analytics for real-time detection of cyber security attacks. The Benefits of Superior AML Detection.