Definitive guide to next generation fraud prevention

The digitalisation of business processes and advent of mobile computing have given rise to the next generation of fraud. Cybercriminals have a variety of tools and technique as well as opportunities to steal money and services. Furthermore, traditional fraud prevention tools often fail to stop this fraudulent activity.

Companies need a new approach to fraud prevention—one that stops fraud early and preserves the user experience. Companies with an online presence must have the ability to:

• Detect and respond to fraudulent activity before incurring losses.
• Leverage human insight and machine learning to identify advanced fraud.
• Work with other fraud analysts to identify larger fraud trends and stop cybercriminals on a global scale.
• Block more fraud while reducing fraud prevention costs.

This report explores how companies can leverage a next generation fraud prevention solution to stop more fraud while reducing costs and providing a positive user experience for trusted customers.