Nearly every bank and fintech has gaps in their fraud detection systems that is causing fraud losses. How to close these gaps is where the Fraud Red Team lives.
One of the most dynamic spaces in fintech today is identity verification. The way we verify ourselves online keeps changing as the tools improve and we try to stay ahead of the fraudsters.
This year the world has moved online. But it is not just consumers that have made this move, it is the fraudsters as well. They have taken advantage of a dislocated business environment without historical precedent to wreak havoc. To fight these fraudsters you need ever more sophisticated tools.