Bank Fraud: Using Technology to Combat Losses

Index

A

Abraham, Jay, 65

account behavior, deviations in, 82

account take-over fraud, 70

ACH. See automated clearing house (ACH)

acquisition/merger, 53

address change, 84

“The Adventures of Copper Beeches” (Doyle), 39

advertisement monetization, 13

after-death experience, 85

air disaster risk, 64–65

Albom, Mitch, 85

American Express, 24, 26, 29

American Express cards, 26

analytical fraud management process, 71

analytics for fraud management, 89

analytics teams, 90

analytics-based scoring system, 96

anomalies in data, 55, 76

application transactions, 92

approve-or-decline decision, 12

Aristarchus of Samos, 41

assets to pay back a loan, 4

ATM terminal, 18, 27, 33, 82

ATM withdrawals, 18, 33, 68–69, 82

authenticating customer's identity, 28

authentication, 8, 106

methods, 5, 30

protocols, 27

system, 70

authorization transactions, 20

automated clearing house (ACH), 20, 97, 112

automated predictive dialers, 101

average transaction amount, 125

averaging approach, 105

avgMCCrsk, 126

avgPOSrsk, 126

B

Babbage, Charles, 67

balance inquiry transaction, 69

Bank of America, 24

BankAmerica Service Corporation, 25

bank-developed rules, 91

bankruptcy, 19, 93

basis point (BP), 95

behavioral

input, 7

modeling, 5, 13, 17, 33, 42, 45–46, 162

models, 43, 46, 56, 60

behavior-based models, 28

behavior-based segments, 79

“below the radar,” 122

Berra, Yogi (American baseball catcher), 6

Biggins, John (banker), 24

BIN number, 29

biostatistician, 42, 161

Black Swan (Taleb), 6

BP. See basis point (BP)

Brahe, ...