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Tag: risk management

Data Analytics: Shield for Banks & Insurance Against Fraud

The financial services industry is a complex ecosystem teeming with opportunities. However, it’s also a landscape fraught with risks, primarily in the form of fraud and financial crimes. From identity theft and credit card fraud to insurance claims fraud and money laundering, the threat spectrum is vast and constantly evolving. This is where data analytics emerges as a formidable weapon. The Data-Driven Fortress Banks and…