Tagged Detect Monitoring Service (DMS)

Satisfy FFIEC Guidance for Social Media with Brand Intelligence by Easy Solutions

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FFIEC Guidance published on December 11, 2013 and effective immediately, addresses mounting risk factors facing financial institutions related to social media. The FFIEC states that all financial institutions should effectively assess and manage risks associated with all activities conducted via social media platforms. These risks include compliance risk, legal risk, reputation risk, and operational risk

Using Behavior Anomaly Detection to Proactively Combat Card Fraud

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Ever since banks began issuing credit and debit cards, criminals have been intent on stealing this valuable data. Despite the concerted effort on behalf of the financial services industry to stem the tide of card theft, the fraudulent use of payment cards continues to cost the industry billions of dollars every year in losses. But a host of new behavior detection technologies -- coupled with Big Data analysis – are helping to turn the tide in favor of financial institutions intent on protecting their customers’ personal payment information. Read more