From account takeovers to phishing schemes to push payment fraud, criminals continue to develop new ways to steal money from financial institutions. The impact on banks and credit unions is not just financial. Fraud can damage an institution’s reputation, customer relationships and inhibit growth and innovation. Jeff Scott, general manager of fraud intelligence at Q2, says financial institutions can avoid that fate by implementing a top-tier fraud detection system that recognizes behavioral fraud signals and employs effective fraud protection that includes artificial intelligence.
Topics discussed include:
- Types of Fraud
- Impact of Fraud
- Fraud Detection Technologies
- Proactive Fraud Defense