Remove Cyber Security Remove Fraud Remove Risk Management Remove Technology
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Treasury report examines gaps in banks' AI risk management

American Banker

The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.

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Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

Perficient

fraud detection and financial crime monitoring). email, text, audio data), with the aim of identifying fraud or anomalous transactions. AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. Risk Management.

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4 considerations for banking leaders concerned about cyber security

NCR

Evaluation of Risk. The overall risk management framework of any institution, including banks, should include cybersecurity considerations. While the ISO reports to the board on all cybersecurity, the degree to which this person is engaged across all banking functions can make a significant difference preventing digital fraud.

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Synthetic Identities: From Data Breaches to Auto Loan Fraud

FICO

Fraud and data breaches have always had a close, if destructive, relationship. As the US transitioned to hard-to-counterfeit EMV payment card technology several years ago, criminals flocked to card not present (CNP) fraud , often combining identity fragments and card numbers stolen in breaches to make illicit purchases online.

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Internet Pin Debit: How It Can Protect Your Borrowers

SWBC's LenderHub

Security breaches are a perpetual part of our technologically advanced society. The more convenient modern e-commerce becomes, the more susceptible businesses, financial institutions, and consumers are to fraud. Risk Management Loan Payment Technology Fraud/Cyber Security'

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FICO Cyber Risk Score Is First on AWS Marketplace

FICO

This version of the FICO Cyber Risk Score exceeds the published performance results of competitors by a factor of more than 5X, further solidifying FICO’s position as the most accurate security rating on the market. A new report from Chartis Research named FICO as a category leader in cyber risk quantification.

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Some Fintech Podcasts To Add To Your List

William Mills

Fintech5 features key financial industry and technology influencers who are changing the game. BreakingBanks is hosted by Brett King and is a podcast documenting technological changes to financial services, from banking to payments to money itself. Topics include fintech, risk management, blockchain, fraud detection and more.

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