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It has become almost numbing to see a statistic like this one.

The costs associated with payment fraud have been at the forefront of the payments industry for the past few years and unfortunately, this is unlikely to change.

As criminals find faster ways to commit fraud, it is important for fraud detection tools and technologies to evolve and innovate at a quicker pace.

Why it matters?

The Association of Certified Fraud Examiners (ACFE) estimates that the typical organization loses 5% of revenues to fraud in a year.

Why Banks Need To Be More Proactive With Security

Listen to this short podcast to hear what can institutions do to reduce their vulnerability to breach and fraud.

Why Banks Need To Be More Proactive With Security

Listen to the podcast
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International Bank Reduces Fraud with Intelligent Machine Learning

According to the 2018 Report to the Nations by the Association of Certified Fraud Examiners, fraud cases cost organizations over $7 billion globally in 2017. It’s no wonder that banks are turning to the latest technology solutions to combat fraud, protect revenue and maintain consumer confidence.

Customer success story
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Why Your Bank Is Better Off with Fewer Fraud Alerts

A four-step systematic approach to reducing alert volume, segmenting alerts, and managing alerts can lower your institution’s overall risk profile. Such an approach has the potential not only to stem losses from fraud, but also to stop fraud at its source.

Executive brief

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