6MARCH 2020Managing EditorSarah DawsonAaron Pierce Ann Bennis Antony MosesVisualizerAlbert RozarioSalesSarah DawsonManaging Editoreditor@cfotechoutlook.comRichard Watsonrichard@cfotechoutlook.comEditor's NoteContact Us:Phone:510-556-2280 Fax:510-894-8405Email:sales@cfotechoutlook.comeditor@cfotechoutlook.commarketing@cfotechoutlook.com March - 04 - 2020, Vol - 06, Issue - 02 (ISSN 2644 - 2841)Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Editorial StaffAva GarciaJoshua Parker Paul BarberJoy ParkerCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffOver the past few decades, there has been a considerable shift in how hackers and cybercriminals target financial organizations and their customers. Fraudulent activities have evolved from small opportunistic scams to more directed and personalized attacks today. Activities such as identity-based fraud are becoming more prevalent. Cyber-enabled attacks are also becoming more ambitious in scope, eroding the value of personal information and security protections. As a result, to protect themselves against such attacks, financial institutions are leveraging technologies like big data analytics, machine learning, AI, blockchain, and more.For instance, financial institutions are applying complex machine learning algorithms to the high volume of transactional and customer data to analyze their customers' behavioral patterns for any signs of abnormality and flag fraudulent activity in real-time. Blockchain is another technology that is showing immense promise in revolutionizing the financial landscape for good. Blockchain is an anti-fraud technology by design. The essence of blockchain technology is a shared and tamper-proof record of activities that are time-stamped and verified by a distributed network of computers. Amid these exciting developments in the financial services landscape, CFO Tech Outlook presents this edition featuring some of the most prominent fintech companies that are transforming the security aspect of the financial industry with their innovative fraud detection offerings. This issue also provides a combination of thought leadership from subject-matter experts with real-life stories on fostering robust partnerships and exclusive insights from C-level executives. We hope this edition will provide you with the assistance you need in choosing a capable fraud detection solution that caters to your unique requirements. Let us know your thoughts!Preparing for the Future of Fraud Detection
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