In your experience, what fraud detection tool is the most effective?
It depends on what product/service you are trying to detect fraud on. Generally speaking the best approach is a layered one that utilizes information from various data points to asses the fraud risk and alert accordingly.
FICO, Lexis Nexis Threath Metrix.
I'm Interested to know if anyone has used the Verafin fraud solution.
If so, what has been your experience?
Online fraud is continually becoming more sophisticated. What can businesses do to protect themselves against new fraud techniques?
What tools can be used to help with fraud detection and prevention?
How can businesses stay informed about new online fraud threats?