May 17, 2022 – Every worker can tell you: Having the right tools makes any job easier. Yet most fraud investigators are using legacy case management solutions, often initially developed to meet the needs of AML departments. Fraud attacks are escalating, and new methods of committing financial crimes often mean fraud prevention efforts fail. Fraud investigators cannot recoup funds with inadequate tools; they need case management systems that will fully support and enhance their efforts.
This report is written for all executives responsible for fraud investigations and the service providers that create the products to support their efforts. It is based upon an online survey of financial crime executives from 29 North American financial services firms in August 2021.
This 26-page Impact Report contains 11 figures and two tables. Clients of Aite-Novarica Group’s Fraud & AML service can download this report and the corresponding charts.
This report mentions Abrigo, ACI Worldwide, Acuant Compliance, Aithent, Bottomline, CustomerXPs, DataVisor, Featurespace, FICO, FIS, Fiserv, Globalvision Systems, Hummingbird, IBM, INETCO, Jack Henry & Associates, LEAN Industries, Microsoft, NICE Actimize, Open Technology Solutions, Oracle, Pegasystems, RSA Archer, SAS, SymphonyAI NetReveal, and Verafin.
About the Author
Datos Insights
We are the advisor of choice to the banking, insurance, securities, and retail technology industries–both the financial institutions and the technology providers who serve them. The Datos Insights mission is to help our clients make better technology decisions so they can protect and grow their customers’ assets.