Devo has closed its Series F round and notched a $2 billion valuation to incorporate more capabilities into its SOC via acquisition. The company plans to use the $100 million to buy companies that will provide customers with additional intelligence on top of Devo's data for specific use cases.
Expectations for AML Responsible Officers and their operational teams are increasing in response to the combination of new techniques for money laundering, organised crime, geopolitical issues and new actors. To meet these increased expectations, operational resilience and sustainability using intelligent analytics...
Learn how advanced analytics and machine learning help financial organizations proactively detect and prevent fraudulent payments.
As new payment types proliferate globally, payment and identity fraud is also skyrocketing. In 2021, global card fraud losses hit a staggering $28.58 billion.
To survive and stay...
'Despite an arsenal of point products designed to block malware and threats and warn of vulnerabilities that can be exploited by attackers; it is no longer sufficient to rely on traditional defence techniques. While effective in some areas, these approaches are limited, with one of the most important gaps being the...
Pharmaceutical companies can leverage data analytics, predictive analytics and artificial intelligence to fight drug diversion fraud, says Charles Washington, senior director, global fraud and asset protection, at Pfizer.
Adam Turteltaub, chief engagement and strategy officer at the Society of Corporate Compliance and Ethics, says compliance teams should create a dashboard of data that will help keep track of actions taken by staff members who are working remotely.
To help prevent fraud, banks must leverage technologies such as behavioral analytics, device biometrics and one-time passcodes, says Nancy Guglielmo, senior vice president at the Bank Policy Institute.
As small businesses apply for loan forgiveness under the Paycheck Protection Program, and banks who made the loans on behalf of the Small Business Association investigate whether any were fraudulently obtained, fraud-detection technologies will play a critical role, says Frank Mckenna of Point Predictive.
According to analysts, adaptive authentication is at the top of the list of authentication investments for banks - and for good reason.
Download this white paper to learn how financial institutions are using this technology to drive growth and improve customer retention.
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An identity and access management strategy for a hybrid cloud environment should include single sign-on as well as multifactor authentication, says Andrew Koh, deputy general manager and regional lead-Risk at Habib Bank Ltd. in Singapore.
The financial services industry has unique challenges that often prevent it from achieving its strategic goals. The keys to solving these issues are hidden in machine data - the largest category of big data - which is both untapped and full of potential.
Download Banking on Machine Data to learn:
60% of organizations were exposed to actual or attempted fraud loss last year. As fraud and risk increases year over year, the amount of data being collected increases as well; looking into this data could provide a wealth of knowledge in supporting your payments risk management efforts.
Leveraging data from...