Fraud Prevention—Make the Move from Detection to Prevention
Digital fraud is skyrocketing, losses are escalating, and regulators are increasing pressure on banks to act. Detection and prevention have become a top priority for financial services. But current fraud solutions are inadequate and lack sophistication to activate all the data needed to detect and prevent fraud. To stay ahead of tech-savvy fraudsters, financial services need more data in context. Contextual decisioning enables banks to understand bad actors and intervene in their journeys with preventative action in real-time, preventing losses and ensuring excellent customer experiences.