ML

Deep Dive: Legacy Banks And The Infrastructure Stumbling Blocks Keeping Them From The Cloud
Deep Dive: Legacy Banks And The Infrastructure Stumbling Blocks Keeping Them From The Cloud
June 02, 2020  |  Cloud Banking

An expanding number of challenger banks have eschewed the industry’s traditionally slow and steady innovation approach. These banks are offering digital or mobile-only platforms powered...

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Why Bunq Banks On The Cloud For An Innovative Edge
Why Bunq Banks On The Cloud For An Innovative Edge
June 01, 2020  |  Cloud Banking

Nine out of 10 banks still rely on old-school mainframe systems for their core needs, a technological challenge that can result in legacy financial institutions...

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Deep Dive: Preventing Fraudsters From Exploiting FIs’ Omnichannel Blind Spots
Deep Dive: Preventing Fraudsters From Exploiting FIs’ Omnichannel Blind Spots
May 29, 2020  |  Fraud Prevention

Consumers want omnichannel banking access so they can easily switch between in-person branch visits, call center services and mobile apps as needed. They might pop...

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How PNC Is Fighting Pandemic-Fueled Financial Crime
How PNC Is Fighting Pandemic-Fueled Financial Crime
May 21, 2020  |  Fraud Prevention

Financial crime is a never-ending concern for banks, credit unions (CUs) and other financial institutions (FIs), with trillions of dollars and untold terabytes of personal...

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Why Fraudsters Like ‘Delivery Attacks,’ And Why AI and ML Alone Won’t Stop Them
Why Fraudsters Like ‘Delivery Attacks,’ And Why AI and ML Alone Won’t Stop Them
May 19, 2020  |  Security & Fraud

The pandemic — and specifically, the lockdowns resulting from it — has spurred criminals to shift their cyber fraud schemes to exploit new avenues of...

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Enlisting AI And Biometrics In The Fight Against Digital Identity Theft
Enlisting AI And Biometrics In The Fight Against Digital Identity Theft
May 18, 2020  |  Authentication

One of the coronavirus pandemic’s less-anticipated consequences in the U.S. has been an escalation in fraud and identity theft. The Federal Trade Commission (FTC) estimates...

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Deep Dive: How FIs Are Confronting Data Lag, Inadequacies In The Face Of Sophisticated Fraudsters
Deep Dive: How FIs Are Confronting Data Lag, Inadequacies In The Face Of Sophisticated Fraudsters
May 06, 2020  |  Fraud Prevention

Financial fraud costs businesses an estimated $1.45 trillion, and it resulted in almost half of global organizations noting they were victims of fraud in 2018....

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Digits Lands GV Backing For Expense Management Tech
Digits Lands GV Backing For Expense Management Tech
April 26, 2020  |  B2B Payments

Silicon Valley FinTech startup Digits announced a $22 million Series B funding round led by GV — formerly known as Google Ventures — to launch...

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How Allstate Leverages AI To Show Insurance Fraudsters The Door
How Allstate Leverages AI To Show Insurance Fraudsters The Door
April 22, 2020  |  Fraud Prevention

Fraudulent claims in the U.S. account for more than $80 billion in payments a year, with legitimate customers paying higher premiums to make up for...

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