Analytics | Fraud & Security Intelligence | Risk Management

Francois JaussaudJune 22, 2020 0

Risques de contrepartie : ne confondons pas les risques financiers et les risques criminels

Le point de vue et l’approche développée par SAS Toute entreprise ou organisation est confrontée au risque de contrepartie, dès lors qu’elle est en relation avec un tiers. Ce risque est inhérent à toute relation commerciale entre deux entités (personnes morales et/ou physiques), mais également aux dispositifs financiers tels que

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French

Analytics | Fraud & Security Intelligence

Colin GrayMay 21, 2020 0

How disruption creates conditions ripe for supply chain fraud

As many individuals and organisations are finding out, today’s supply chains are incredibly long and complex. Goods can cross many borders, often several times, to complete a final product. Most of the time, as consumers, we don’t know or care about such issues. However, the coronavirus crisis and concerns around

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English

Analytics | Fraud & Security Intelligence

Ellen Joyner-Roberson, CFEMay 1, 2020 0

Know your supplier: How to confidently choose trustworthy suppliers

Learn how continuous monitoring of suppliers can flag issues and help prevent supply chain disruptions.

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English

Advanced Analytics | Analytics | Fraud & Security Intelligence

Yuri RuedaApril 28, 2020 0

Cinco acciones para combatir el fraude en la era de la digitalización

Los usuarios de los servicios bancarios han reducido sus visitas a las sucursales y están optando por utilizar los canales digitales que tienen a su disposición para realizar operaciones financieras (transferencias, hacer compra de productos, pago de servicios, solicitar préstamos e invertir su dinero). La digitalización ha aportado agilidad, rapidez

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Spanish

Banking | Retail

Analytics | Fraud & Security Intelligence

Carl HammersburgApril 24, 2020 0

How analytics is helping state governments head off unemployment claims fraud

If you’re in state government, you're well aware of the unprecedented challenges that come with off-the-charts unemployment numbers due to COVID-19. Crashing websites at state unemployment insurance offices and multi-hour phone hold times for the millions of people who've lost their income due to the pandemic are only the most

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English

Government

Analytics | Fraud & Security Intelligence

Jeanne (Hyunjin) ByunMarch 23, 2020 0

자금세탁방지(AML) 및 사기 범죄에 대한 5가지 예측

평화롭고 안전한 일상을 지키기 위해 우리가 맞서 싸워야 할 대상은 사실 바이러스 말고도 꽤 많습니다. 자금세탁방지(AML)를 비롯해 신원 도용 및 보험 사기 등, 끝없이 진화하는 금융 범죄와 각종 사기 수법들이 바로 그 중 하나입니다. 2020년에도 기술적인 변이(?)를 멈추지 않을 그들을 막기 위해 우리는 무엇을 준비하고 유념해야 할까요? SAS 사기 방지

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Korean

Banking | Government

Data Management | Fraud & Security Intelligence

Nuth Ratanachu-ekMarch 20, 2020 0

A practical guide to improve the effectiveness of watch list screening

Watch list screening has been one of the rules with highest false-positive rate. Watch list screening has been one of the pillars for know your customer (KYC) and anti-money laundering (AML) regulatory requirements since the beginning. It was introduced to prevent known criminals (or known high risk entities) from utilizing

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English

Banking

Advanced Analytics | Analytics | Artificial Intelligence | Fraud & Security Intelligence | Machine Learning

Anna LykourinaMarch 19, 2020 0

Harnessing analytics in the fight against fraud

Analytics makes it possible to uncover complex or organized fraud that rules-based systems would miss.

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English

Banking | Communications | Education | Government | Insurance

Fraud & Security Intelligence

Caroline HermonMarch 5, 2020 0

Resolving the tension between fraud prevention and customer experience

Companies face a stark choice between optimising customer experience and minimising fraud. But what if they could do both?

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English

Fraud & Security Intelligence

Yuri RuedaMarch 3, 2020 0

La analítica, un nuevo enfoque para combatir el fraude y el lavado de dinero

Son temas complicados, cuyo origen no surge de una sola fuente, sino que se deben a una compleja combinación de factores, pues por lo general se trata de operaciones que aparentemente son lícitas cuando no es así. No obstante, hoy en día, la tecnología ha traído avances como la analítica,

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Spanish

Banking | Government

Fraud & Security Intelligence

Manuel Rodríguez DíazMarch 2, 2020 0

Is fraud prevention converging with regulatory compliance?

Banking and Financial, this industry has been on the edge investing in anti-fraud technology, anti-money laundering technology, anti-cybercrime technology.

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English

Banking

Fraud & Security Intelligence

Katarina GaraiFebruary 7, 2020 0

Gain confidence in your fraud prevention and detection systems

Fraud is a major issue for businesses across all industries, regardless of their size and industry in which they operate. The costs can be enormous (in extreme cases, even fatal) and include far more than the direct costs of any particular type of fraud. Companies must also deal with the

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English

Analytics | Fraud & Security Intelligence

Onur DincFebruary 3, 2020 0

A new line of defence for AML teams?

Recent high-profile money laundering cases have affected the reputation of the EU's financial system. In response, the European Commission is taking immediate action – faster than ever – to close the gaps. On November 2018, only six months after the adoption of the Fifth EU Anti-Money Laundering Directive (5AMLD), the

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English

Banking

Fraud & Security Intelligence

Sofia RealJanuary 20, 2020 0

Uma geração de clientes | LUSITANIA SEGUROS

A relação do SAS com a Lusitania Seguros – a 1ª Companhia de Seguros a surgir no mercado segurador com capitais 100% nacionais – data de 2014, aquando da implementação da solução de Firmwide Risk Management, com o projeto de Solvência II. Dois anos mais tarde, foi implementada a Solução

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Portuguese

Insurance

Fraud & Security Intelligence

Sundeep TengurJanuary 20, 2020 0

The hidden cost of subscription fraud 

Subscription fraud ‘disappearing acts’ have economic, human and reputational consequences. What were initially isolated cases have now become a systemic industry issue for telecommunication companies worldwide. In fact, the CFCA reports an approximate $2.03 Bn. lost to fraud every year due to subscription fraud through impersonation. Other variants of subscription fraud through applications and ‘credit muling’ contribute an additional $1.93 Bn. and $1.75 Bn. respectively.

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English

Communications

Analytics | Fraud & Security Intelligence

Tom WrigginsNovember 15, 2019 0

Fighting fraud in the new world of Value-Based Payments

Ladies and gentlemen, I give you Value-Based Payments (VBP), health care’s new magic, “silver bullet” that will solve all our fraud problems. Last month, the US Department of Health and Human Services (HHS) issued a press release entitled, “HHS Proposes Stark Law and Anti-Kickback Statute Reforms to Support Value-Based and

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English

Government | Health Care

Analytics | Artificial Intelligence | Fraud & Security Intelligence

David PopeNovember 4, 2019 0

How using analytics and AI to detect payment fraud netted an immediate $16 million ROI

According to the Price Waterhouse Cooper 2018 Global Economic Crime and Fraud Survey, the reported rate of economic crime is on the rise, up to 49% in 2018. That makes the use case I want to share particularly relevant, no matter what industry or sector you're in. This use case

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English

Energy & Utilities | Government | Health Care | Life Sciences | Manufacturing | Retail

Fraud & Security Intelligence

Laurent ColombantOctober 21, 2019 0

Tackling procurement fraud in health care

Analytics-based approaches in healthcare offer a new way of thinking about fraud. They are able to predict potential events.

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English

Health Care

Fraud & Security Intelligence

Colin BristowOctober 3, 2019 0

Common ground for future fraud detection techniques

Fraud detection is a wide field. Every organisation experiences the implementation differently.

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English

Data Management | Fraud & Security Intelligence

David LoshinOctober 1, 2019 0

Why data management protocols are key to implementing legislative actions

Surprise! The data team does more than you think to implement certain legislative actions.

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English

Data Visualization | Fraud & Security Intelligence

Ulrike BergmannOctober 1, 2019 0

10 ways to sharpen your approach to payment fraud analytics

New payment methods will deliver huge improvements in speed of transaction, but also provide challenges.

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English

Banking

Fraud & Security Intelligence

Ian HolmesSeptember 23, 2019 0

The identity challenge: How can banks know who’s who?

"Once an attack is discovered, the average #cybercrime victim in the UK spends 14.8 hours dealing with the aftermath. These are worrying facts."

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English

Banking

Fraud & Security Intelligence

Colin BristowSeptember 20, 2019 0

How is AI augmenting compliance practices?

Forming a significant theme in several organisational technology strategies, AI can augment a gamut of business practices, including compliance. Compliance is a must-do activity, not a nice-to-have. It is essential that companies extract maximum value from compliance processes, reducing the possibility of it being considered a cost centre. Technological innovation

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English

Fraud & Security Intelligence

John WatkinsSeptember 17, 2019 0

Security vs. convenience: Delivering seamless, secure service experiences

Customer identity is a precious asset and a highly prized commodity. As the financial services industry has become more digitised down the years, customers' digital identity decides what they can do and what online services they have access to. This has been revolutionary for the customer experience. So long as

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English

Fraud & Security Intelligence

Britta SkriverSeptember 16, 2019 0

Machine learning supercharges fight against public sector fraud

Around the world, combating public sector fraud is a major problem. "Benefits cheats" get the most media attention, but are by no means the biggest loss. Tax fraud is also a huge issue. And some estimates suggest that procurement fraud could dwarf both in terms of both scale and complexity.

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English

Government

Fraud & Security Intelligence

Ulrike BergmannSeptember 16, 2019 0

Waschprogramme anhalten: Wie Geldwäsche verhindert wird

Machine Learning und selbstlernende Algorithmen lassen sich in unterschiedlichsten Geschäftsbereichen einsetzen, um manuelle Prozesse zu unterstützen oder zu automatisieren. Betrugserkennung und Geldwäscheprävention bieten sich dafür an – bedürfen dabei aber besonderer Umsicht. Denn jede Fehleinschätzung kann entweder große finanzielle Verluste oder einen erheblichen Imageschaden nach sich ziehen. Wie die Technologien

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German

Banking

Fraud & Security Intelligence

Alex KwiatkowskiSeptember 12, 2019 0

Leveraging data: Going the last mile with better data in banking

How do we make the world a better place? It’s a question that’s tickled many a worthy brain over the centuries – and now the answer is closer than ever. Data can make the world a better place. Data is why we don’t live in caves anymore, why we moved

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English

Artificial Intelligence | Fraud & Security Intelligence

Sundeep TengurSeptember 10, 2019 0

Identity and AI: The recipe for a strong fraud defence

Sibos 2019 kicks off in London in three weeks, and the theme for this year is "Thriving in a hyper-connected world." The market has long demanded quicker and more convenient payment methods, and the industry is now answering with ubiquitous payments. Yet at what cost? PSD2 and open banking are

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English

Banking

Fraud & Security Intelligence

Marcin NadolnySeptember 6, 2019 0

PSD2 deadline may have moved – what will change for banks?

The Europe-wide PSD2 implementation deadline will fall on 14 September. In the UK, it has now been confirmed that the official compliance deadline for the Secure Customer Authentication section of the regulation will be pushed out to March 2021. UK companies must be able to demonstrate that they are moving

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English

Banking

Analytics | Fraud & Security Intelligence

Colin GrayAugust 20, 2019 0

IT continues to be unfair

It’s been over a year since my previous blog post, so it seemed like a good time for a refresh. Also, it’s just over a year since the EU implemented GDPR. This regulation promised users could take back control of their data and opt-in/opt-outs, while businesses could get fined up

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English

Government | Retail