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An Enterprise Approach to Fighting Online Fraud

Multiple analytical techniques provide essential multilayered defense

About this paper

Millions of dollars are lost to online fraud each year. The risks intensify as more consumers and businesses embrace online and mobile banking. In spite of the growing imperative to detect and prevent online fraud, traditional approaches have proven to be too little, too late – fragmented, reactive and inefficient.

This paper shows how financial institutions can fight back with an enterprise approach for monitoring multiple lines of business on a single platform, scoring 100 percent of transactions in real time, and combining analytic techniques to detect and prevent more fraud, faster.

About SAS

SAS is the leader in analytics. Through innovative analytics, business intelligence and data management software and services, SAS helps customers at more than 80,000 sites make better decisions faster. Since 1976, SAS has been giving customers around the world THE POWER TO KNOW®.

 

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