Remove Big Data Remove Fraud Remove Innovation
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Big Data Explosion

Cisco

Those opportunities will rely on data and analytics for real-time decision making. Some familiar examples are receiving banking fraud alerts on mobile devices, submitting photos for insurance adjustments, or using robo-advisors for investment decisions. Creating new customer value from AI.

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Giving Big Data Decision-Making A Real-Time Touch

PYMNTS

Big data, big data, big data. We all know the term, understand its significance and have seen plenty of examples across the industry of how businesses are utilizing massive amounts of data (and the applied analytics needed to make sense of it all) as a competitive edge in the market.

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Redefining banking through AI and big data

NCR

The answer comes down to understanding that AI is an umbrella name for multiple technologies built on big data and neural networks. Fraud detection. Detecting fraud is a combination of artificial intelligence and human expertise. This protects customers from fraud by authenticating calls. Defining AI for banking.

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Fraudsters Target Financial Services with Small Stealth Attacks

Bank Innovation

Fraud campaigns targeting online financial services tend to be smaller, and subtler than fraud campaigns conducted for other online platforms.

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The AI Method To Fighting Fleet Card Fraud

PYMNTS

These tactics cast a wide net of fraud over the fleet card industry – from issuers and acquirers to fleet managers, employers and employees themselves. The company’s latest solution, EazyFuel , offers fraud and risk management directly to all players in a fleet card transaction, in addition to payment processing and other capabilities.

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BNY Mellon’s AI-Based Fraud Detection Initiative

PYMNTS

Countering digital fraud is a lot like playing whack-a-mole: As soon as one fraudster is taken out, two more pop up where they’re least expected. The popularity of digital banking services has created ample opportunities for bad actors, leaving banks scrambling to protect themselves against the rising tide of fraud. It helps.”.

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Worried About Digital Fraud Now? Just Wait For The Implants.

PYMNTS

And as is the case with other forms of hacking , data theft and fraud, danger can always come from the inside, or what the Kaspersky report called “insecure behavior by medical staff” who could access private patient data for criminal purposes.

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