Understanding the bewildering evolution of fraud
09/11/24 • 32 min
In Episode 1, we’re joined by Jerry Tylman from Fraud Red Team, and Sean Neary from Nexi Group, to discuss the evolving landscape of fraud prevention.
Listen now to learn about:
- The challenges banks face due to the increasing sophistication of fraud tactics, driven by technological advances like AI.
- The importance of a proactive approach in identifying gaps in banking systems, and delivering collaborative efforts among financial institutions.
- Why educational messages aren’t working because they are reaching customers in the wrong way at the wrong time.
- How one of our guests was scammed, including what he did about it, and why it reinforced the needed for safe, simulated attacks from banks.
Subscribe now to get all future episodes delivered directly to your device!
Don’t miss other ways to stay in touch with Nexi Group:
In Episode 1, we’re joined by Jerry Tylman from Fraud Red Team, and Sean Neary from Nexi Group, to discuss the evolving landscape of fraud prevention.
Listen now to learn about:
- The challenges banks face due to the increasing sophistication of fraud tactics, driven by technological advances like AI.
- The importance of a proactive approach in identifying gaps in banking systems, and delivering collaborative efforts among financial institutions.
- Why educational messages aren’t working because they are reaching customers in the wrong way at the wrong time.
- How one of our guests was scammed, including what he did about it, and why it reinforced the needed for safe, simulated attacks from banks.
Subscribe now to get all future episodes delivered directly to your device!
Don’t miss other ways to stay in touch with Nexi Group:
Next Episode
What does AI really mean for payment fraud?
In Episode 2, we’re joined by Troels Steenstrup Jensen from KPMG Denmark, alongside Alberto Danese and Sean Neary from Nexi Group, to discuss how advancements in AI and machine learning are changing the fraud game, both for good and bad.
Listen now to uncover the truth behind:
- The hype surrounding Generative AI and its implications for fraud prevention.
- The ongoing need for human oversight of AI systems to combat fraud in real-time.
- The innovative ways fraudsters are utilizing AI to enhance their tactics, including social engineering and personalized attacks.
- The future of fraud prevention and the role of AI in protecting banks, merchants, and consumers.
Subscribe now to get all future episodes delivered directly to your device!
Don’t miss other ways to stay in touch with Nexi Group:
Nexi Talks: Fraud Prevention - Understanding the bewildering evolution of fraud
Transcript
Søren Winge: Welcome to this new podcast, Nexi Talks, where we will be doing a deep dive into fraud prevention. We have one aim: to help you understand and prevent deception as the war on payment fraud continues to heat up. We'll be joined by some of the best minds in the business, so you can learn from those who know payment fraud the best.
My name is Søren Winge, and I'll be your host.
Today, I'm joined by Jerry Tylman, Partner at Greenway Solutions and Founde
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