Welcome to our report summarizing the 2023 Faces of Fraud survey. We are most grateful to our 150+ industry contributors who answered our questions frankly to enable us to provide a snapshot of the frauds causing most concern for financial services in 2023.
The data shared in this report, as well as expert...
2022 taught us that fincrime is anything but predictable. Fraud activities and scams have rapidly evolved, accompanied by increasingly audacious fraudsters. From individuals to businesses, government entities to financial institutions (FIs).
Download our comprehensive whitepaper to learn how to:
Build robust fraud...
Fraudsters and cybercriminals are continuously finding new opportunities to exploit online activity, transactions, and the generosity of individuals.
Stay one step ahead of fraud with our new Insights Article. Gain valuable knowledge about the latest fraud trends, effective preparations, and preventive measures to...
The emergence of real-time payments has transformed the financial industry, but it has also opened the door to new threats and challenges for fraud prevention and anti-money laundering professionals in the US.
Download this e-Book to discover:
The latest trends in real-time payments
Effective strategies for...
Application fraud has spiked - particularly bogus new accounts - and organizations are scrambling to improve fraud detection mechanisms without negatively affecting the legitimate customer's experience. Robin Love of Early Warning shares insights on how to better predict new account risk.
Healthcare organizations cannot adequately protect the safety and privacy of their patients and staff unless they have efficient, accurate systems to manage third-party identity risk.
By managing third-party risk at the identity level, healthcare organizations can make better-informed access decisions. Adopting a...
As organizations pursue a new paradigm for protection against
advanced email threats, they should look for one that provides the
greatest efficiencies with their M365 architecture and existing EOP
and/or MDO investments. To do so, they should turn to a solution with
an API-based architecture that uses data science...
Risk can be a confusing topic, summarized in heatmaps with low, medium, and high as the most accurate indicators.
While valuable to GRC pros, it’s only a small piece of the puzzle. And, more importantly, it’s decidedly not speaking the same language as the rest of the organization.
Risk professionals can now...
More than two-thirds of survey respondents say they take a balanced approach - business, customers and compliance - investing in fraud prevention technology. So, why do they also report customer friction among their top challenges? BioCatch's Raj Dasgupta analyzes the results of the new Fraud Transformation Survey.
In looking ahead to fraud transformation in 2022, it is good to
review where the conversation about 2021 began: with statistics
about perceptions and reality.
More than just survey results, this report offers expert analysis on
how to balance the competing priorities of business, customer and
compliance needs –...
For fraudsters, there has been no respite. The fraud
economy took no pandemic hit. There was no
reduction in schemes among adversaries and they
experienced no job losses. Instead, shifts toward an increased dependency on digital channels have presented a myriad of new opportunities for illicit