Three Ways to Reduce Costs in Fraud Detection
Fraud is a massive headache for payment operations and a significant financial burden. A large part of the cost comes from handling fraud. All financial companies have made a substantial investment in detecting and investigating fraud. Much of the investment is wasted on investigation teams assembling data. Changing regulatory environment and outdated detection engines add to the woes.
Replacing core fraud systems is not an option. But they can augment the investigative process. Solutions like TIBCO Software's can improve the detection process and reduce false positives. Download this white paper to find TIBCO can lower your investigation costs in three ways.
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