Fraud & Identity Management
By: Kennis Wong It’s true that intent is difficult to prove. It’s also true that financial situations change. That’s why financial institutions have not,...
On Friday, October 30th, the FTC again delayed enforcement of the “Red Flags” Rule – this time until June 1, 2010 – for financial...
As I wrote in my previous posting, a key Red Flags Rule challenge facing many institutions is one that manages the number of referrals generated...
In my last entry, I talked about the challenges clients face in trying to meet multiple and complex regulatory requirements, such as FACT Act’s...
While the FACT Act’s Red Flags Rule seems to capture all of the headlines these days, it’s just one of a number of compliance...
In my previous three postings, I’ve covered basic principles that can define a risk-based authentication process, associated value propositions, and some best-practices to consider....
By: Kennis Wong In Part 1 of Generic fraud score, we emphasized the importance of a risk-based approach when it comes to fraud detection....
By: Kennis Wong In this blog entry, we have repeatedly emphasized the importance of a risk-based approach when it comes to fraud detection. Scoring and...
In my previous two blog postings, I’ve tried to briefly articulate some key elements of and value propositions associated with risk-based authentication. In this...
In my last blog posting, I presented the foundational elements that enable risk-based authentication. These include data, detailed and granular results, analytics and decisioning. ...
By: Kristan Keelan Most financial institutions are well underway in complying with the FTC’s ID Theft Red Flags Rule by: 1. Identifying covered accounts 2. ...
By: Kristan Keelan What do you think of when you hear the word “fraud”? Someone stealing your personal identity? Perhaps the recent news story...
The term “risk-based authentication” means many things to many institutions. Some use the term to review to their processes; others, to their various service...
By: Kennis Wong As I said in my last post, when consumers and the media talk about fraud and fraud risk, they are usually referring to...
By: Kennis Wong When consumers and the media talk about fraud and fraud risk, nine out of ten times they are referring to third-party...