The work of so many bank fraud teams is to ensure that they don’t wake up to a crime scene.
In the latest episode of Reinventing Banking, a special podcast brought to you by Bank Director and Microsoft, we discuss the evolution of technology that helps fight cyber fraud and where the industry goes from here.
Seth Ruden is director of global advisory for the Americas for BioCatch, a behavioral biometrics company that helps financial institutions gain actionable insight, including fighting fraud. He talks with Bank Director’s FinXTech Research Analyst Erika Bailey about the promise that machine learning and automation have for bank fraud teams.
He also talks about the increasing sophistication of data analytics in tracking, and finding, potential fraud. Ruden also reveals his strategy for getting resources for bank fraud teams at your bank.
Finally, he chats a bit with Bank Director’s Erika Bailey on their mutual love for classic rock.
So ramble on …