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White Paper

Online Fraud: Increased Threats in a Real-Time World

About this paper

The move to online banking is hugely positive for both financial institutions and their customers. Banks are using online payments as a first step in building a more coherent, holistic view of each customer. With customers’ growing preference for communicating through tablets, smartphones and other mobile devices, banks must continue to offer up new ways for them to interact with their accounts.  But as growth rises, online fraud is increasingly seen as an urgent threat by banks across the world. With fraudsters capable of circumventing banks’ existing authenti­cation systems, the need for sophisticated analytics technology that enables investigators to take proactive action to eliminate online fraud at the source is becoming ever more acute.

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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