Fraud poses a significant challenge for modern businesses. In 2023, banks faced $442 billion in projected losses due to financial fraud, according to NASDAQ. So, how can businesses protect themselves, and what strategies can they employ to stay ahead of fraudsters?
In this two-hour session, we'll cover:
- How to adapt to an evolving fraud landscape: key trends, challenges, and real-world examples
- Choosing an effective anti-fraud solution: a step-by-step guide
- AI for and against fraud: challenges, use cases, and current regulatory trends
Agenda
Session 1: Understanding the Identity Fraud Landscape (40 min)
An overview of the current fraud landscape, including key trends, emerging threats, and challenges. Recent fraud incidents and strategies for adapting to evolving threats.
Session 2: Criteria for Choosing the Right Anti-Fraud Solution (15 min)
Factors to consider when selecting an anti-fraud solution, plus case studies on successful implementation and strategies for evaluating and testing anti-fraud tools.
Break & Quiz Game - win special prizes from Sumsub! (15 min)
Session 3: The Role of AI in Fraud and Anti-Fraud (40 min)
AI's role in today’s fraud landscape and an overview of how AI can enhance anti-fraud efforts. Challenges and ethics in AI-powered fraud prevention, regulations, and specific AI technologies and algorithms used in fraud detection.
This web conference is essential for professionals in the fintech, banking, and regtech sectors. Join us live to earn a certificate of attendance and win special prizes from Sumsub!
