Fraud has evolved from a disorganized criminal activity into a sophisticated multi-billion dollar business. Fraud committed within financial services is causing loss of revenue, institution’s reputation, shareholder’s confidence and customer loyalty. As the fraudulent schemes become more sophisticated, so should the ways of fighting them.
Detecting fraud requires complex data processing, modeling and analysis performed in real-time. Speed is everything when it comes to fraud detection. Financial services companies need flexible, scalable, reliable and extremely fast solutions that provide controls to stop fraudulent activities.
Join us Wednesday, October 19, 2016 at 11:00 AM PDT/2:00 PM EDT for a webinar with Eric Karpman, Director of Business Development, Financial Services at GridGain Systems. Eric will examine current sources of fraud and mitigation techniques. He would also go over algorithms and technology for fraud prevention and deterrence. Learn how GridGain’s distributed, massively parallel, in-memory computing solution can help with instant detection and prevention of financial fraud.