Soaring losses accelerate investments in anti-fraud tech

The pandemic has opened a Pandora’s box of global fraud. Faced with a seemingly endless onslaught of schemes and scams, anti-fraud pros have doubled down on analytics, finds the latest anti-fraud technology study by the Association of Certified F… Continue reading Soaring losses accelerate investments in anti-fraud tech

Use of AI to fight insurance fraud hits all-time high

Insurers’ use of predictive analytics to fight fraud has reached an all-time high, according to an insurance fraud technology study by the Coalition Against Insurance Fraud and SAS. The study reveals that 80% of insurers use predictive modeling to dete… Continue reading Use of AI to fight insurance fraud hits all-time high

Banks accelerating their risk management transformation

COVID-19’s disruption has stretched risk management infrastructures to the brink, forcing banks to recalibrate their data, models and processes for stress testing, impact assessments, scenario analyses and more. A global risk management survey by SAS a… Continue reading Banks accelerating their risk management transformation

SAS appoints Bryan Harris as Executive Vice President and Chief Technology Officer

SAS announced the appointment of Bryan Harris to the role of Executive Vice President and Chief Technology Officer. “Analysts have long recognized the value SAS brings to our customers,” said SAS CEO Jim Goodnight. “As CTO, Bryan will… Continue reading SAS appoints Bryan Harris as Executive Vice President and Chief Technology Officer

Identity fraud: Protecting your customers from the new kids in town

It’s one thing to have your credit card stolen, but your identity is a whole other ball game. The worst thing is, it’s a lot more common than you’d think. Identity fraud affects around one in 15 people in the US and has never been higher in the UK. The… Continue reading Identity fraud: Protecting your customers from the new kids in town