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article How Data Stewards Score with Data Visualization
BANKING - CYBERSECURITY

Keep your eye on the ball

Keep your eye on the ball: In this case, the ball is your data. There is so much data today – and coming from so many places – that it’s no longer feasible for you to keep that information in multiple places across your organization. Those silos are risky because what starts as a cyberattack can often lead to fraud or money laundering, which is difficult to detect when data is scattered everywhere.

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Ariticle M Payments
GOVERNMENT - FINANCIAL CRIMES

How m-payments might be the global money-laundering machine of criminals’ dreams

Millions of people now use their mobile phones for banking – and hidden among them are criminals. “M-payments will be one of the next big laundering methodologies that we have to confront,” says John Cassara, who spent 26 years as a covert CIA case officer and US Treasury agent.

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Article Six Guidelines
BANKING - REGULATORY COMPLIANCE

Six guidelines for constructing stress tests

Stress tests work well to highlight hidden weaknesses in a risk management system, such as hidden “hot spots” in a portfolio under extremely negative market conditions. When constructing stress tests, keep these six guidelines in mind.

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How big data analytics can be the difference for law enforcement
PUBLIC SECURITY

How big data analytics can be the difference for law enforcement

The real value in big data analytics is that you don’t have to know what you’re looking for before you start. This is a huge benefit to law enforcement agencies that are facing tighter budgets and scarcer resources.

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Seven marketing operations best practices
BANKING - CYBERSECURITY

Situational awareness – ‘seeing’ your security gaps

In the past, financial services organizations and government agencies have looked at cybersecurity as an IT problem. Today we know that we have to look at it as a risk management problem. Situational awareness should be part of the broader risk management strategy because cybersecurity isn’t just an IT problem.

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Article Anti Laundering
GOVERNMENT - CYBERSECURITY

Fighting cyberwars with cyberanalytics

Mike McConnell, former US Director of National Intelligence, told the US Senate, “If the United States were at cyberwar, it would lose.” If that is even remotely true, cyberdefenders need to be outfitted with the most effective weapon for winning that war – analytics.

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article risk State governement Police officer using computer in car
PUBLIC SECURITY - POLICING

How police forces can use data to prevent crime

Today's police forces are focusing their efforts on preventative policing - making it harder for criminals to commit crime in the first place. To accomplish that they need information on time and in a format that helps them identify and recognize suspicious behavior and activities.

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Article Fraud Prevention.
INSURANCE - FRAUD

6 ways big data analytics can improve insurance claims processing

Why make analytics a part of your claims processing? Because adding analytics to the claims life cycle
 can deliver a measurable ROI. Just a 1 percent improvement in the loss ratio for a $1 billion insurer is worth more than $7 million on the bottom line.

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article Educating informed "intuitants",78467915
BANKING - REGULATORY COMPLIANCE

Four themes running through the BCBS 239 principles

The 14 principles of BCBS 239 cover a lot of ground, ranging from IT infrastructure and governance arrangements, to the way that risk management departments generate ad hoc reports. Understanding the four underlying themes may aid in compliance.

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Article Combating Blood Money
NATIONAL SECURITY

Combating blood money with big data

“Illicit proceeds from crime are blood money, and blood money should have no place in the U.S. financial system.” That was the conclusion of a report released in April by the Senate Caucus on International Narcotics Control. The best defense against those illicit financial networks? Big data.

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Article Real Time Mortgage
BANKING - REGULATORY COMPLIANCE

How banks are using high-performance analytics

SAS can help you build an analytic platform for CCAR and stress testing. And the good news is that you can use the models you’ve already built. We plug your models into our solution to give you the scalability – and functionality – you need.

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Using Social Media to tackle crime
PUBLIC SECURITY

Using social media to tackle crime

Social media channels were once seen as a quick and easy way to communicate. Today, they can be a powerful channel for active group psychology – powerful enough to overthrow governments. Law enforcement agencies can no long stand on the sidelines – but how do you sift the useful information from the mundane chatter?

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Article Reducing Pain
BANKING - REGULATORY COMPLIANCE

Reducing the CCAR pain

Theoretically, CCAR submissions can be developed and submitted using your existing risk and finance infrastructure. But there are some challenges to that approach. An analytic solution that is built to facilitate collaboration between risk and finance can produce some significant technical and business benefits.

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Seven questions you need to answer about your financial crime program
BANKING - CYBERSECURITY

Seven questions you need to answer about your financial crimes program

Jim Caldelmo says that banks need to apply analytics – the same powerful analytics platform used to track sales and marketing – to protect customers against financial crime. Caldelmo, Executive Director and Banking Secrecy Act Officer at Ally Financial, provides seven questions bankers should ask themselves to know if they have a solid financial crimes program.

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Data-driven crime fighting
GOVERNMENT - CYBERSECURITY

Data-driven crime fighting

Criminals are connected by a maze of networks. Unfortunately, law enforcement is not always so well connected. Data sharing could change the face of public and national security.

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article Risk 20 20 ,78467915 Magnifying glass over newspaper stock market figures
PUBLIC SECURITY

How intelligence agencies can reap the rewards of big data

The real 'value add' of applying high performance analytics to big data is that agencies don't need to know what they're looking for before they start. Instead, the analytical techniques will model the data and push information of interest back to users, drawing attention to relevant content.

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Article Jen Dunham
GOVERNMENT - CYBERSECURITY

Video Q&A: Jen Dunham on cybersecurity

Jen Dunham has a unique perspective on the challenges facing law enforcement and intelligence analysts. Dunham, a former intelligence analyst with the US Army, has held a TSSCI security clearance with numerous agencies supporting organizations such as FBI, DEA, NSA, CIA, NCTC, State Department, Department of Energy, and state and local law enforcement. In this video, she talks about today’s cybersecurity challenges and her ideas for addressing them.

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Article Big Data Take Off
INSURANCE - FRAUD

Fighting fraud in real time: 3 recommendations

When it comes to fraud investigation, historically the process has been anything but quick. James Ruotolo talks about the value of real-time insights for insurers and gives recommendations for when that speed is invaluable.

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Plugging Premium Leakage
INSURANCE - FRAUD

Using analytics to prevent underwriting fraud

Underwriting fraud is a growing trend in the insurance industry, spanning across all lines of business and customers – from individual policyholders to large global organizations. Read about three common types and their remedies.

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article risk Banking is ready Basel III?,78467915
BANKING - REGULATORY COMPLIANCE

Are US Banks ready for Basel III?

The newly released Basel III final rules for capital adequacy will pose a challenge for banks that aren't prepared. But banks that are prepared stand to gain real business benefits from these evolving regulations. So what constitutes being prepared? Tom Kimner, head of the Americas Risk Practice at SAS, weighs in on the three things you need.

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Mobile payment methods
BANKING - REGULATORY COMPLIANCE

Comply with FATCA now – but think to the future!

In 2010, US legislators estimated that the Treasury loses as much as $100 billion annually to offshore tax non-compliance. Their response was to pass the Foreign Account Tax Compliance Act (FATCA). And the US response may only be the beginning. How do you get a handle on the information you need to be compliant?

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Mobile payment methods
PUBLIC SECURITY

Technology is the key to helping prisons fulfill their duty of care

Across the world, prisons perform a similar function – as places where individuals who have committed crimes can be confined and their movements and freedoms restricted. Gordon Harrison, talks about the systems that contribute to and quickly gather information about prisoners so that you can fulfill a duty of care to them, the staff and the community.

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Mobile payment methods
BANKING - CYBERSECURITY

New payment methods fuel cyber-attacks

Mobile can fundamentally change the banking experience and strengthen customer-bank relationships. But those new payment methods are fueling a rush of cyber-attacks across the world.  Ellen Joyner provides best practices to ensure collaboration between law enforcement and financial institutions - a critical component to protecting consumers’ money.

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The Greatest health care fraud risks of 2014
HEALTH CARE FRAUD

The greatest health care fraud risks of 2014

As a result of PPACA, the US health care system has been injected with millions of new consumers of health care services. This means more health care revenue potential and some new areas for real concern to health payers. Julie Malida writes about the top five areas of concern health payers should be on the lookout for in 2014.

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78467915
ANTI-TERRORISM

Tackling the new terrorist threat

Ten years ago, authorities were focused on dealing with complex, organized conspiracies. Those threats still exist but now we are also dealing with a new kind of terrorism, where individuals or small isolated groups carry out attacks in isolation. Joanne Taylor asks, "How can we deal with this new kind of terrorism, where individuals or small isolated groups carry out attacks in isolation.

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article Risk 20 20 ,78467915 Magnifying glass over newspaper stock market figures
BANKING - FRAUD

A 20/20 vision of risk

Banks need a holistic view of their data in order to accurately detect risk. They also must overcome the challenges associated with poor data quality and the "noise" generated by existing control systems. Laura Hutton, Director of Banking and Solutions at SAS, explains how technologies can improve a bank's visibility into operational risk. 

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article risk Sparse Data,78467915
CAPITAL MARKETS - RISK

How to analyze hedge fund risk with sparse data

In the world of early-stage hedge funds, hedge fund managers are reluctant to share position-level data, because they don't want to reveal their strategies. That means that firms like Larch Lane Advisors must augment the limited data from these funds with information from hedge fund databases. And that's precisely why they chose SAS – for fast, reliable risk results from limited data.

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article risk cybersecurity,78467915
BANKING - CYBERSECURITY

Cybersecurity for the mobile world

Mobile is the fastest growing banking service, and the always-connected generation expects secure, on-the-go banking. But cybercriminals are also children of the digital age. And they are quick to find – and exploit – any weaknesses in these new technologies. Longitude Research conducted a survey to find out what cybersecurity challenges banks are facing.

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Ariticle Risk Capital
CAPITAL MARKETS - RISK

Supercharging capital markets with real-time data and visualization

By performing deeper analyses on data captured in-stream, and then injecting the results back into the business in real time, firms can better manage market risk, liquidity and counterparty credit risk during the trading day.

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SAS Voices

SAS Voices

Visit SAS Voices, where SAS employees lead conversations about notable people, products and ideas at SAS – and point you to the best content about SAS customers and business analytics.

http://www.allanalytics.com

All Analytics

Join the community for all things data management, business intelligence and analytics.

State and Local

State & Local Connection

While government is, by no means, the only industry fighting fraud, government agencies face unique challenges. Join in discussions about the many ways analytics is driving change.

Analytic Insurer

The Analytic Insurer

Explore customer, risk and fraud challenges specific to the insurance industry – and the advancements in analytics that are driving new conversations.


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