SCAMS

The design objectives for developing an effective scam detection platform are aspirational for most FIs.

Financial crimes leaders are ratcheting up investments in innovation, automation, and data to tackle a growing confluence of emerging challenges and accelerated risks going into 2023.

Over the one-day event, 17 interactive panel discussions dove deeply into a wide range of topics across fraud, authentication, and AML.  

Scammers targeted one in every three U.S. consumers in 2021.  

Human trafficking, child exploitation, and elder abuse are crimes against humanity. Envisioning a world where no one is enslaved or abused, The Knoble is taking action.  

The scale of scam activity is on the rise globally, recently surpassing card fraud losses in the U.K.  

As digital experiences accelerate and organized crime rings flourish, fraud and AML leaders turn to advanced technologies and data sets, collaboration, and data sharing.  

Growing scam activity means that FIs must engage their customers more deliberately to increase awareness and vigilance.

Financial crime executives must adapt their tactics to stop evolving threats, support organizational growth, and minimize customer friction.