Using Predictive Analytics to Sift Out Fraudsters

Ahern, Roger
February 2005
Bank Technology News;Feb2005, Vol. 18 Issue 2, p45
Trade Publication
Reports on the role of predictive analytics in the increasing identity-theft related crimes in banks in the U.S. Improvement of hackers' ability to retrieve customers' databases and gaining access to their account numbers, Social security number and other personal information; Development predictive analytics and maintenance of origination system to detect and prevent such fraud; Assessment of fraud risk using information technology in order to maximize the percentage of applications.


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