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Modern Bank Robbery: Addressing Cyber Fraud in Retail Financial Services

Cisco

After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. The Javelin 2019 Identity Fraud Report notes that, “While existing card fraud losses dropped from $8.1 How can banks effectively combat account takeover, new account fraud, and other modern cyber security threats?

Fraud 63
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Reflections 2022: The Power of Patents and the People Behind Them

FICO

Some of the patents granted this year that are most meaningful to me include: “Visualization for Payment Card Transaction Fraud Analysis,” which relates to a computer-implemented method and system for visualizing payment card transactional fraud analysis. This technology is incorporated into FICO® Falcon® Fraud Manager.

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article thumbnail

Modern Bank Robbery: Addressing Cyber Fraud in Retail Financial Services

Cisco

After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. The Javelin 2019 Identity Fraud Report notes that, “While existing card fraud losses dropped from $8.1 How can banks effectively combat account takeover, new account fraud, and other modern cyber security threats?

Fraud 48
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The 2015 GonzoBanker Awards

Gonzobanker

Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. It’s nice to see somebody passionate about using new payments technology to make banking easier and cheaper for the financially disadvantaged. FFIEC’s Cyber Security Self-Assessment Tool. And the winners are ….