How to Effectively Prevent and Detect The Growing Complexity of Mule Fraud

The landscape of responsibility for covering fraud losses is changing with regulators trying to slow the growth of mule fraud and scams. With criminals getting smarter and using sophisticated techniques to target unsuspecting victims, the onus is firmly on Financial Institutions to harden their defenses to protect their customers and prevent fraud losses. Making informed decisions as soon as warning signs appear is crucial to gain the upper hand. 

Ross Aubrey, Head of Fraud Solutions for EMEA at Quantexa talks to Financial Consultant Jonathan Frost on the complexity of the current fraud landscape, and how combining data with advanced analytics and AI is forging the way ahead for Financial Institutions to obtain a 360-degree customer view, to uncover hidden risk and make trusted decisions faster to counter the rise in mule fraud.   

Key Takeaways: 

• Discover the current landscape and how to effectively prevent and detect mule fraud. 

• The impact of combining data with advanced analytics and AI and how this is helping Financial Institutions.

• Uncover risk and make trusted decisions with Quantexa.