prevention

Model governance comes to fraud detection

Payment fraud detection has always had a bit more latitude than its counterparts in anti-money laundering, customer due diligence and even trade surveillance compliance. Unlike the latter areas, fraud prevention is an area not as heavily governed by regulations or specific rules of what a financial institution should or should not allow. It is obviously […]

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RegTalk Episode 1: Accelerating innovation for AML compliance

With five U.S. regulatory agencies announcing their support and latitude on experimentation in the field of AML innovation, financial institutions are changing their mindset from one of “adequate compliance” to “compliance innovation.” But understanding where to begin this journey, using technologies like artificial intelligence, machine learning, process automation and natural language processing, as well as […]

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Removing friction and fraud from P2P payments

With new payment rails often come unpredictable threats, and likewise the need to help customers adopt these products easily. A balance is required between adequate reliability and security without impacting the customer experience. In the emerging world of person-to-person (P2P) payments, establishing a frictionless (and “fraud-less”) experience is even more critical, since a bad experience […]

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