Card Not Present Fraud , Fraud Management & Cybercrime , Video

New Account Fraud's 'Perfect Storm'

Aite's Julie Conroy Unveils New Findings on Banking Fraud
Julie Conroy, Research Director, Aite Group

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?

See Also: Check Kiting In The Digital Age

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.

About the Author

Tom Field

Tom Field

Senior Vice President, Editorial, ISMG

Field is responsible for all of ISMG's 28 global media properties and its team of journalists. He also helped to develop and lead ISMG's award-winning summit series that has brought together security practitioners and industry influencers from around the world, as well as ISMG's series of exclusive executive roundtables.

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