ANTI-FRAUD TECHNOLOGY BECOMES MORE SAVVY – BUT SO DO FRAUDSTERS
August 1st, 2012
BY MJ DESCHAMPS
DETECTING and monitoring fraud, money laundering and other criminal activities is a daunting task for financial institutions, and instances of breaches have only increased as the number of platforms across which institutions do business continues to grow. At the same time, software systems and other technologies that can help identify cases of fraud are becoming highly advanced - but, as anti-fraud systems evolve, fraudsters are evolving with them.
With banks being hit the hardest by online fraud, many institutions have been revamping their ...
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