How Machine Learning Fights “Hypnofraud”
FICO
JUNE 4, 2018
In 2017, the UK market experienced a reported 34,743 unauthorized fraud case attempts from remote banking channels (internet, mobile and phone banking), valued at a total of £417.5 million from personal and business accounts in all channels. In the same period, authorized push payment cases hit 42,837, siphoning £236.1
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