Financial Services, Fraud Detection

Top 3 Fraud Trends in Banking Industry: Looking ...

The pandemic in 2020 has exacerbated the problem of fraud and abuse in the banking industry. This article identifies the specific fraud trends that banks had to look out for in 2020, helping you to prepare for future ris

Pam Dela Cruz

The pandemic in 2020 has exacerbated the problem of fraud and abuse in the banking industry. This article identifies the specific fraud trends that banks had to look out for in 2020, helping you to prepare for future risk.

Finance, Fraud Detection, Healthcare, Telehealth

The New Face of Healthcare Payer Fraud: Tsunami ...

The advent of Telehealth and Telemedicine have resulted in a proliferation of these instances. How do we deal with this altered environment? How do we stay ahead of the curve of emerging new fraud strategies?

Avijit Datta

The advent of Telehealth and Telemedicine have resulted in a proliferation of these instances. How do we deal with this altered environment? How do we stay ahead of the curve of emerging new fraud strategies?

Fraud Detection

Automotive OEM Warranty Expense Trends...

The makers of cars, trucks, and other vehicles account for between 40% and 45% of the warranty expenses of all US-based manufacturers. Fraudulent warranty claims therefore represent significant exposure for Automotive O

Ananta Mukerji

The makers of cars, trucks, and other vehicles account for between 40% and 45% of the warranty expenses of all US-based manufacturers. Fraudulent warranty claims therefore represent significant exposure for Automotive OEMs. In order to estimate the potential savings, we need to understand these expenditures and also implement an effective system for detecting warranty fraud.

Fraud Detection

5 Challenges You Must Know in Identifying Warran...

Finding warranty claims fraud is as much about us wanting to do something about it as it is about finding the proverbial needle. In a world where there are always some people and organizations trying to take advantage of

David Sachs

Finding warranty claims fraud is as much about us wanting to do something about it as it is about finding the proverbial needle. In a world where there are always some people and organizations trying to take advantage of a potential fraud opportunity, what can we do to identify that needle in a haystack? We can use the power of predictive analytics.

Fraud Detection

The Significant Impact of Machine Learning In Wa...

Warranty management has increased in importance dramatically over the years and the general maturity of the warranty profession in the industry has improved during the past 15 years. However, the battle against warranty

Daniele Micci-Barreca

Warranty management has increased in importance dramatically over the years and the general maturity of the warranty profession in the industry has improved during the past 15 years. However, the battle against warranty fraud continues to be a challenge for many warranty professionals.

Fraud Detection, Growth Opportunities, Insurance, Other

Porsche Westlake’s Services Director, Sam Abre...

We sat down with Porsche Westlake’s Service Director, Sam Abregel, to address 8 categories of warranty fraud to watch out for. Given the vast amount of transaction data and the presence of anomalous patterns indicating

Paul Patterson

We sat down with Porsche Westlake’s Service Director, Sam Abregel, to address 8 categories of warranty fraud to watch out for. Given the vast amount of transaction data and the presence of anomalous patterns indicating fraudulent activity in these categories, there is a huge opportunity to harness predictive analytics and machine learning models.

AI, Efficiency improvement, Fraud Detection, Healthcare, IT

Artificial Intelligence and Machine Learning Hel...

Fraud has been causing rising challenges for businesses. Over 72% of businesses cite fraud as a growing concern, and about 63% of businesses report the same or higher levels of fraudulent losses over the past 12 months a

Fan Yang

Fraud has been causing rising challenges for businesses. Over 72% of businesses cite fraud as a growing concern, and about 63% of businesses report the same or higher levels of fraudulent losses over the past 12 months according to a report by Experian Global. The challenge is not just about preventing fraud, but figuring out how to predict it before it happens, so it can be prevented from happening at all. But before we make strategies to combat fraud, it’s important to understand the barriers associated with fraud detection strategies.

Fraud Detection, Machine Learning

Huge Payoff Is Possible By Identifying Fraud Sch...

We’re living in an era of extreme automation, high transaction volumes, and a highly connected world where it’s so virtually easy for fraudulent transactions to hit any business. To protect your business from fraud s

Darshana Daga

We’re living in an era of extreme automation, high transaction volumes, and a highly connected world where it’s so virtually easy for fraudulent transactions to hit any business. To protect your business from fraud schemes and bad actors before they can cause significant damage, detecting fraud patterns is essential and a huge payoff when done in real-time.