Fighting Bank Fraud: The Critical TechnologiesBank Policy Institute's Nancy Guglielmo on Choosing the Right Tech
To help prevent fraud, banks must leverage technologies such as behavioral analytics, device biometrics, and one-time passcodes, says Nancy Guglielmo, senior vice president at the Bank Policy Institute.
In this video interview with Information Security Media Group, Guglielmo also discusses:
- Emerging fraud trends;
- Two fraud cases that took her by surprise this year;
- Technologies banks can leverage to mitigate fraud risks.
Before becoming senior vice president, fraud reduction program for BITS at the Bank Policy Institute, Guglielmo served in a similar role at HSBC, where she focused on identifying trends and examining risks through information sharing forums and collaboration with law enforcement agencies, federal regulators and technology service providers.