In this episode of IBS Intelligence, Martina King, CEO of Featurespace, speaks with Robin Amlôt to discuss fincrime and how to protect against fraud.
Key points from the podcast include:
- Only half of total scams were caught and banks are spending the same amount of money in a multi-layered approach to stop these
- It is possible for financial institutions to improve fraud catch rate and reduce the cost of investment simultaneously
- What does a best-in-class fraud model look like and how is Featurespace making it easy for financial institutions to adopt its technology
- Regulations make it difficult for banks to share information to protect their customers and Featurespace’s participation in the Privacy Enhancing Technologies Challenge is a testament to its commitment to using data for good