Guardian Analytics: Best Practices for Detecting Banking Fraud

Banking fraud is a sophisticated global business. Cyber criminals are organized, coordinated, and highly specialized, thus creating a powerful network that is, in many ways, a significantly more efficient ecosystem than our own banking industry. They continually reinvest their “profits” to advance the technology and methods they use to defeat the layers of security financial institutions (FIs) have put in place.

Fraudsters’ pace of fraud innovation and their ability to invest in attacking