Author: Vyntra

ng-news-geometry-21 - Vyntra

Software shines a light on internal fraud

Internal fraud casts a long shadow over banks across Africa. With the Covid-19 crisis and home office policies, the situation will not get any better. NetGuardians’ fraud-mitigation software allows banks to shine a light on it, not only spotting and stopping instances of fraud but also acting as a deterrent, WRITE BERNARD RONO AND JONATHAN […]

ng-news-psd2@2x - Vyntra

How to beat fraud and be PSD2 compliant with NetGuardians

NetGuardians’ state-of-the-art fraud mitigation solution not only accurately analyzes the risk of every bank transaction but also makes fraud reporting simple, helping banks meet the key fraud requirements of PSD2, writes Sandy Lavorel Banks across Europe have less than a couple of months left to prepare for the second Payment Services Directive (PSD2), which comes […]

ng-news-abstract-11@2x - Vyntra

How to overcome overfitting in machine learning based fraud mitigation for banks

AI fraud-mitigation solutions often focus on a few types of fraud and become incapable of spotting new ones – known as ‘overfitting’. Banks need far more instances of fraud than a single bank can possibly supply to avoid this problem. JOËL WINTEREGG says the answer lies in collaboration and the human touch Artificial intelligence in banking has […]