Simility

Fraud Decisioning Goes Omnichannel
Fraud Decisioning Goes Omnichannel
May 29, 2020  |  Security & Fraud

“Banking is rapidly becoming more omnichannel, and FIs need to be sure they can safeguard customers across all the products through which they access their...

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Deep Dive: Preventing Fraudsters From Exploiting FIs’ Omnichannel Blind Spots
Deep Dive: Preventing Fraudsters From Exploiting FIs’ Omnichannel Blind Spots
May 29, 2020  |  Fraud Prevention

Consumers want omnichannel banking access so they can easily switch between in-person branch visits, call center services and mobile apps as needed. They might pop...

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Taking A Customer-Centric Approach To Fighting Fraud
Taking A Customer-Centric Approach To Fighting Fraud
May 28, 2020  |  Fraud Prevention

Social distancing mandates are pushing consumers to embrace digital-first banking services, creating opportunity for fraudsters to bury their scams across multiple channels. In this month’s...

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How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel
How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel
May 27, 2020  |  Fraud Prevention

More consumers are turning to the omnichannel offerings of banks and credit unions (CUs) as they follow stay-at-home mandates, and cybercriminals are eager to launch...

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How ‘Adaptive’ Decisioning Helps Issuers Stop Treating ‘Good’ Customers Like Fraudsters
How ‘Adaptive’ Decisioning Helps Issuers Stop Treating ‘Good’ Customers Like Fraudsters
May 20, 2020  |  Security & Fraud

For merchants and financial institutions (FIs), the “new normal” of commerce — done increasingly online — means that battling fraud is a bit like feeling...

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Out-Thinking Hackers With Adaptive AI
Out-Thinking Hackers With Adaptive AI
May 07, 2020  |  Fraud Prevention

Whether the objective is teaching behavior to kids, being an effective team member, or building more impenetrable cyber defenses, learning from a good example works....

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Deep Dive: How FIs Are Confronting Data Lag, Inadequacies In The Face Of Sophisticated Fraudsters
Deep Dive: How FIs Are Confronting Data Lag, Inadequacies In The Face Of Sophisticated Fraudsters
May 06, 2020  |  Fraud Prevention

Financial fraud costs businesses an estimated $1.45 trillion, and it resulted in almost half of global organizations noting they were victims of fraud in 2018....

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Why Understanding Commerce’s New Normal Is Key To Fraud-Fighting Strategies
Why Understanding Commerce’s New Normal Is Key To Fraud-Fighting Strategies
May 05, 2020  |  Fraud Prevention

The last eight weeks has scrambled financial institutions’ tried and tested fraud-fighting approaches as transactions once seen as "abnormal" have become the new "normal." In...

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Wells Fargo on Fraud Decisioning And The New Consumer’s New Normal
Wells Fargo on Fraud Decisioning And The New Consumer’s New Normal
May 04, 2020  |  Fraud Prevention

Financial institutions (FIs) face tough decisions when trying to keep their clients safe. Customers and merchants rely on their banks and credit unions (CUs) to ensure...

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