Digital Banking

Digital Banking

U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud

In the latest “Digital Banking Tracker,” a collaboration with Feedzai, PYMNTS analyzes the ways in which FIs are working to keep fraudsters from accessing customer information and funds on their mobile and digital channels.

Inside the September Tracker

  • An interview with Dominic Venturo, executive vice president and chief innovation officer at U.S. Bank, on how FIs can use AI and ML for layered protection against ATOs and synthetic identity fraud
  • Recent headlines from around the space, including India-based YES Bank’s recent collaboration with Microsoft on an AI-powered chatbot
  • A Deep Dive on how banks are working to reduce fraud in mobile channels, and how advanced learning tools could eventually replace PINs and passwords

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