Modern Banking Ecosystem

Banks And Merchants Tap Behavioral Analytics, Deep Learning To Keep Holiday Fraud In Check Scammers are selling in-demand items at sky-high prices and even creating fake websites to cash in on supply chain challenges this holiday season. PYMNTS’ Modern Banking Ecosystem Playbook, a Featurespace collaboration, explores how banks and merchants can safeguard their customers from fraud with the help of emerging tech such as behavioral analytics and deep learning tools.
Inside the December Playbook
  • 87%: Share of U.S. consumers who plan to make at least some holiday shopping purchases online
  • 41%: Portion of businesses that have faced supply chain challenges during the past 18 months
  • 75%: Share of consumers who report that they have lost money to cybercriminals in online purchase scams

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    Featurespace Report Series

    The State of Fraud And Financial Crime In the U.S.
    The New Digital Shift: Creating A Cloud-Based Risk Management Strategy
    FRAML Payments Guide: How To Deploy A Holistic Risk Hub
    Augmented AML And Fraud Risk Management: Analytics Guide To Enhanced Alert Generation
    Financial Fraud Prevention