Featurespace

Credit Suisse Woes Reveal Gaps in Banks’ AML Defenses
Credit Suisse Woes Reveal Gaps in Banks’ AML Defenses
February 17, 2022  |  AML

A recent spate of high-profile money laundering cases involving big banks in Europe has shone a spotlight on just how thieves are making off with...

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Financial Crime Swamps Government Efforts, Demanding a High-Tech Approach
Financial Crime Swamps Government Efforts, Demanding a High-Tech Approach
January 24, 2022  |  Security & Fraud

Financial crime — you can call it economic crime, too — is, of course, everywhere. And in the bid to blunt the attacks from the...

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AI Presents New Risk Model for Banks
AI Presents New Risk Model for Banks
January 18, 2022  |  Digital-First Banking

In the age of machine learning, when relying on algorithms that consume, process and ultimately deliver a verdict on large amounts of data, it can...

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Healthcare Breaches Give Fraudsters New Tools for ‘Targeted’ Crowdfunding Scams
Healthcare Breaches Give Fraudsters New Tools for ‘Targeted’ Crowdfunding Scams
January 12, 2022  |  Security & Fraud

It’s well known that fraudsters are nothing if not creative and cunning as they continually seek to prey on the most basic human traits of...

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For Banks Hunting Fraudsters, There’s No Magic Bullet
For Banks Hunting Fraudsters, There’s No Magic Bullet
January 04, 2022  |  Security & Fraud

Online fraudsters have gotten more and more sophisticated, making it tougher or financial institutions (FIs) to tell the difference between customer and scammer. Knowledge-based authentication...

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Businesses Must Take Proactive Stance in Fighting Financial Crime
Businesses Must Take Proactive Stance in Fighting Financial Crime
December 28, 2021  |  Security & Fraud

As we all settle into our digital lives, the internet has become not only our workplace but also where we learn, shop and socialize. It...

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Banks And Merchants Tap Behavioral Analytics, Deep Learning to Keep Holiday Fraud in Check
Banks And Merchants Tap Behavioral Analytics, Deep Learning to Keep Holiday Fraud in Check
December 14, 2021  |  Fraud Prevention

The pandemic transformed how holiday shoppers secured items in 2020, and researchers expect these trends to continue during this year’s holiday season. PYMNTS’ findings show...

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Supply Chain Shortages Fuel Fraudsters With Fake Storefronts To Trick Holiday Shoppers
Supply Chain Shortages Fuel Fraudsters With Fake Storefronts To Trick Holiday Shoppers
November 17, 2021  |  Security & Fraud

The impulse buy will be hallmark of the 2021 holiday shopping season. Supply chain snarls mean we’re all on the hunt for the things we...

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If Financial Institutions Want To Play Fast, They Must Also Evolve
If Financial Institutions Want To Play Fast, They Must Also Evolve
October 29, 2021  |  Security & Fraud

After all the investments that financial institutions (FIs) have put into protecting themselves and their customers against fraud, scammers are now targeting individuals, which they...

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