Payment card issuers, merchants, and banks lose more than $12 billion a year to fraud – a number that is growing annually by more than 15% . More importantly, the sophistication and adaptability of the bad guys has grown exponentially - driven almost entirely by machines. To combat these threats, fraud and risk departments need a new approach to rapidly creating and updating their fraud detection models.
In this webcast, our experts will discuss innovations in machine learning and advanced analytics that help financial services firms create better fraud detection and prediction models. The webcast will discuss these powerful new tools that can help firms predict and thwart attempts by their adversaries.