As account opening goes digital, fraudsters follow. It takes multilayered analysis of divergent data to keep up with them.
Browsing: Predictive analytics
A consumer’s most recent score is the most predictive, according to recent research.
A new paper released today by BAFT—ABA’s foreign transaction banking subsidiary—called for increased partnerships between public and private entities to help curb the use of trade transactions to move illicit funds through the financial system.
The rise of prescriptive analytics, the ‘fourth frontier’ in big data.
A new report from the Federal Trade Commission outlines several risks related to discrimination for companies using “big data” to make decisions about credit, employment and marketing.
Despite sluggish adoption of the technology, it is increasingly necessary to ward off competitors, get ahead of regulators and engage customers.