Simility

Deep Dive: How AI And ML Can Reduce Fraud And Increase Customer Satisfaction
Deep Dive: How AI And ML Can Reduce Fraud And Increase Customer Satisfaction
February 23, 2021  |  Fraud Prevention

Digital fraud is one of the most pressing issues facing the banking sector, with fraudsters deploying a vast array of methods to target financial institutions...

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How First Tech Federal Credit Union Uses AI To Coordinate Its Fraud-Fighting Defenses
How First Tech Federal Credit Union Uses AI To Coordinate Its Fraud-Fighting Defenses
February 22, 2021  |  Fraud Prevention

Financial institutions (FIs) face a dizzying array of cybercrime threats such as account takeovers and botnets that require multilayered defenses, but ensuring these layers cooperate...

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AI: The Glue That Binds FIs’ Fraud Prevention Systems
AI: The Glue That Binds FIs’ Fraud Prevention Systems
February 19, 2021  |  Fraud Prevention

Digital fraud has been on the upswing as the global health crisis continues, with losses due to pandemic-related scams like fraudulent Paycheck Protection Program (PPP)...

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Fraud-Fighting Tech Keeps Fakers On The Run Through Holidays And After
Fraud-Fighting Tech Keeps Fakers On The Run Through Holidays And After
January 18, 2021  |  Fraud Prevention

People in general are more aware of — and concerned about — fraud as we pass through a second season of COVID, and eCommerce continues...

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Deep Dive: How Online Retailers Kept Fraudsters From Having A Merry Little Christmas
Deep Dive: How Online Retailers Kept Fraudsters From Having A Merry Little Christmas
January 15, 2021  |  Fraud Prevention

The holiday shopping season is the most wonderful time of the year for the retail industry. Brick-and-mortar merchants and online retailers alike often rely on...

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How Swap.com Kept Fraudsters From Ruining Christmas
How Swap.com Kept Fraudsters From Ruining Christmas
January 14, 2021  |  Fraud Prevention

The post-holiday season is a busy time for consignment stores — making it a busy time for cybercriminals as well. And as new threats emerge,...

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Swap.com Uses Data Analytics to Fight Post-Holiday Fraud Surge
Swap.com Uses Data Analytics to Fight Post-Holiday Fraud Surge
January 13, 2021  |  Fraud Prevention

The 2020 holiday season was one for the history books, drastically different due to the pandemic limiting consumers’ in-person shopping experiences. Experts predicted that up...

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Targeting Promotion Abuse And Other Scams With Adaptive Decisioning
Targeting Promotion Abuse And Other Scams With Adaptive Decisioning
December 23, 2020  |  Fraud Prevention

Not unlike rust, fraud never sleeps. And if it’s not one thing, it’s another. At this moment merchants remain vulnerable to the never-ending cycle of...

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Deep Dive: Why Merchants Must Rethink Their Promotion Abuse Protections During The Pandemic
Deep Dive: Why Merchants Must Rethink Their Promotion Abuse Protections During The Pandemic
December 21, 2020  |  Fraud Prevention

Fraud instances have risen dramatically since the pandemic began, placing financial strains on consumers and merchants alike. One recent report that surveyed consumers from the...

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