Behaviour monitoring systems are trained with historical data. Modern fraud management systems learn by vast and detailed experience when to call for human investigation, or even when to block payment transactions during on-line authorisations. As a result, the...
Behavior monitoring for fraud relies upon the common sense once applied by bank tellers but now lost to the demanding volume of booming post-war consumer banking. Just as the experienced, small-town teller once knew everyone's business well enough to ignore the mundane but sniff out any funny...