What does AI really mean for payment fraud?
10/09/24 • 32 min
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:
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:
Previous Episode
Understanding the bewildering evolution of fraud
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 are victims and perpetrators telling us about fraud?
In Episode 3, we’re joined by Alex Wood, a reformed fraudster, and Stephanie Edelved Jensen, a Senior Fraud Analyst at Nexi Group, to discuss how fraudsters think, how they pick their targets and evolve their approach, and how financial crime can have a devastating impact on victims.
*Please note, this episode includes talk of suicide, which may be distressing for some listeners. If you need support, visit findahelpline.com, which can help you find a free local support number anytime, anywhere.*
Listen now to discover:
- Psychological manipulation methods used by fraudsters to win their victims’ trust and commit high profile financial crimes.
- How fraud can affect anyone and why we need to talk about it more to remove the stigma and fight back.
- The importance of proactive measures, such as cooperation between banks, and the need for better reporting mechanisms to enhance fraud detection.
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 - What does AI really mean for payment fraud?
Transcript
Søren Winge: Welcome to our podcast, Nexi Talks, that will hopefully help you better understand and prevent deception during the current war on payment fraud. We'll be joined by some of the best minds in the business, so you can learn from those who know payment fraud best. My name is Søren Winge, and I'll be your host.
Now, if you missed episode one, please go back and listen. You'll get some great insights into the ways fraud is evolving. But today we will try to ans
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/nexi-talks-fraud-prevention-586503/what-does-ai-really-mean-for-payment-fraud-76028020"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to what does ai really mean for payment fraud? on goodpods" style="width: 225px" /> </a>
Copy