Thomson Reuters Risk & Fraud Solutions’ Post

Strengthen your agency's digital defenses with advanced identity verification strategies. Discover how to protect sensitive data and ensure benefits reach the right people. Learn more about the latest in fraud prevention and risk management. https://gag.gl/544IGu #Government #DigitalSecurity #FraudPrevention #RiskManagement

Fraud and risk are constantly evolving, and today's payments systems must adapt to the latest threats. Our white paper discusses how multi-generational teams can create innovative approaches to risk management and fraud prevention. 📥 https://lnkd.in/eaefHPcG 📊 Tip: Leverage younger team members' tech expertise to combat emerging fraud techniques. #FraudPrevention #RiskManagement #MultiGenerationalTeams #neach

Secure your spot for an April 4 webinar to hear from Kevin Libby, Fraud & Security Analyst at Javelin Strategy & Research, and Galileo’s Senior Director of Global Payments Risk Management Maxim Spivakovsky, as they talk about the value of embracing #AI and #machinelearning to proactively mitigate risk and minimize fraud losses consistently and faster than automated fraud schemes: https://lnkd.in/gEmXdPU7

🎙️If you work in Fraud then it's the moment you have been waiting for!!! After a year of in-depth analysis and research, the Veriff #Fraud Report 2025 is our most comprehensive yet, covering more industries, regions, and fraud types than ever before. 👇🏻 Here are the key #takeaways. Get your copy here: https://bit.ly/3YFcoZL #idv #identityverification #risk #compliance

🔴 Dealing with False Positives: Balancing Sensitivity and Efficiency in Fraud Risk Indicators 🔵 Fraud Risk Indicators (FRIs) are essential tools in detecting and preventing fraudulent activities. However, one of the biggest challenges organizations face is managing the trade-off between sensitivity and efficiency. 📌 While highly sensitive FRIs can identify potential fraud effectively, they often lead to a surge in false positives, consuming resources and hindering operational efficiency. 📌 This article explores strategies to achieve the right balance between sensitivity and efficiency in FRI systems, providing actionable insights for organizations aiming to optimize their fraud detection frameworks. #FraudRisk #RiskManagement #OperationalRisk #FraudDetection #FraudPrevention #DataAnalytics #ArtificialIntelligence #MachineLearning #Compliance #BusinessStrategy #FinancialCrime #FraudIndicators #RiskFrameworks

Tomorrow! Secure your spot to hear from Kevin Libby, Fraud & Security Analyst at Javelin Strategy & Research, and Galileo’s Senior Director of Global Payments Risk Management Max Spivakovsky, as they talk about the value of embracing #AI and #machinelearning to proactively mitigate risk and minimize fraud losses consistently and faster than automated fraud schemes: https://lnkd.in/gEmXdPU7

Secure your spot for an April 4 webinar to hear from Kevin Libby, Fraud & Security Analyst at Javelin Strategy & Research, and Galileo’s Senior Director of Global Payments Risk Management Max Spivakovsky, as they talk about the value of embracing #AI and #machinelearning to proactively mitigate risk and minimize fraud losses consistently and faster than automated fraud schemes: https://lnkd.in/gEmXdPU7

The Report to the Nations by ACFE remains an invaluable resource 🌍 for professionals aiming to tackle organisational fraud. With its clear insights and excellent visual representation 📊, it's a must-read for anyone in compliance, governance, and risk management. 💡Employee tips are still the most common way fraud is detected, emphasising the importance of accessible and trustworthy reporting mechanisms 🗣️. 🌐 Web-based reporting solutions have now overtaken traditional phone hotlines 📞, reflecting changing preferences in how people communicate. It’s a fantastic tool to benchmark, strategise, and strengthen your fraud prevention efforts 💪. At SpeakUp we are happy to discuss what works best for you. #Compliance #Whistleblowing #FraudPrevention #Governance 👉 Read the full ACFE 2024 report here: https://lnkd.in/ehuwBi_5

Our final item for our Fraud and Risk day... some of our latest fraud stories collated for you. How well are your processes created to protect your organisation against fraud and risk? Do you have proper segregation of duties? What is your CFO able to do without check, and how often to you monitor your Master Supplier File? Read our latest stories and consider, do you need to invest time in mapping out new processes or new technologies to protect you? https://lnkd.in/e5z5ktQy #FocusWeek24 #Fraud #Risk

Great to see this fraud perspective piece from PYMNTS. I loved reading Kate Weiler's, Director of Transaction Risk at Discover, thoughts about how fraud prevention and reputation management are closely intertwined. It's a relief to know that these risks are central to the Discover Global Network mentality and strategy, particularly given the rising prevalence of digital transactions.  #DiscoverEmployee #digital #Payments #DigitalTransactions #Risk #Fraud #Prevention #FraudPrevention #Strategy