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lThe 21st Century Factor: How Technology Can Help Detect Fraud - September 14, 2017




 lThe 21st Century Factor: How Technology Can Help Detect Fraud - September 14, 2017
The 21st Century Factor: How Technology Can Help Detect Fraud Webinar
with Andrew Bertolina & Rana Mookherjee - Finvoice
Thursday, September 14, 2017
Item Number: Web_09-17
Shipping Weight: 0lbs. 0oz.
Price: $50.00
Undetected fraud is a leading cause of factoring losses. The factoring industry has historically relied on experience (“feel for the customer/factoring gut”), human operations and luck in detecting fraud. Recently, technology and data has enabled a systematic approach to identification and prevention of fraud. Tech giants, e-commerce companies and leaders in payments, blockchain have spent the last generation developing fraud detection and scalable protocols. Factors/alternative finance companies do not have a one-stop fraud solution, but can adopt 21st century leading tech practices. In most cases, fraud solutions involve the integration of several technology vendors organized in complex protocols and governing algorithms to effectively manage fraud risk.