Preventing Financial Crimes

AI and ML Lift Synchrony Fraud Detection Accuracy To 90% Locking out fraud without increasing false positives can seem nearly impossible for financial institutions (FIs), but it doesn't have to be. In the Preventing Financial Crimes Playbook, a PYMNTS and Bottomline collaboration, Synchrony CIO Bess Healy tells PYMNTS about the company’s path to 90% accuracy with the help of AI and ML.
Inside the September Playbook
  • An interview with Bess Healy, senior vice president and chief information officer at Synchrony, on how AI and machine learning can power everything from fraud protection to credit decisioning to speech analysis for greater accuracy and smoother customer experiences
  • The latest financial crime prevention headlines, including how more banks are turning to ML and fraud analytics to make real-time adjustments to their fraud-prevention measures and research showing that data breaches are less damaging to firms that deploy AI-based security methods
  • An in-depth look at how AI- and ML-powered analysis is improving fraud detection, why big financial players are climbing on board and what may be holding up the others

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    Bottomline Preventing Financial Crimes Playbook Tracker Series

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