New Account Fraud's 'Perfect Storm'Aite's Julie Conroy Unveils New Findings on Banking Fraud
Aite's Julie Conroy calls it a "perfect storm." In the post-EMV U.S., and in the wake of massive data breaches and the move to mobility, financial institutions are besieged by a new flood of new account fraud. How can data analytics help them improve fraud prevention?
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In an interview recorded at the Chicago Fraud and Breach Prevention Summit, Conroy discusses:
- The evolution of new account fraud;
- The power of machine learning and data analytics to boost fraud defenses;
- How fraud prevention is becoming a competitive differentiator.
As research director of Aite Group's retail banking and payments practice, Conroy covers fraud, data security and anti-money laundering issues. She has more than a decade of hands-on product management experience, working with financial institutions, payments processors and risk management companies.