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Monday, November 21, 2011

Live From New York: Skimmers Busted by Fraud Detection

Nice article describing increasing use of predictive analytics to thwart fraud:

"[...] many financial institutions are deploying sophisticated analytics. "[Banks want] to proactively identify these types of incidents so that they can minimize exposure to both themselves and their cardholders, and, in the process, catch the criminals more quickly." 

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