Move from Detection to Prevention and Outsmart Tech-Savvy Fraudsters
Digital fraud—and the cost and complexity of managing it—is skyrocketing. If enterprises are to outsmart tech-savvy fraudsters, prevent losses, and deliver excellent customer experiences, they must leave behind reactionary, detection-centric fraud solutions that provide a limited view of transactions and behaviors. The future of fraud management is in contextually driven, prevention-centric solutions where decisions can be made in milliseconds.
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How to Foster Innovation in Financial Services by Eileen Burbidge