Despite the investments in anti-fraud solutions, the banking industry continues to suffer significant financial and reputational damage as a result of fraud.
Seeing the bigger picture
Watch Michael Lee, Director in Financial Crime Analytics, identify the challenges organisations face in the detection and prevention of fraud.
How can Deloitte help?
Deloitte’s fraud prevention services bring together a breadth and depth of expertise from a number of related competencies:
Data Management: governance, security, quality and architecture underpin the information used for both detection analytics and business intelligence
Detection Data Analytics: mining the data to identify potential fraud risks earlier and more accurately
Investigations: forensics analysis of fraud cases to understand system and process weaknesses helps identify potential remediation activity, including enriching the data, models and metrics for both detection analytics and business intelligence
Business Intelligence: define key metrics for changing fraud behaviours, undetected fraud losses and operational effectiveness, improving insights to drive better prevention strategy
Strategy, Governance and Policy: devising roadmaps, frameworks and structure related to the detection and prevention of fraud
Access, Process and Controls: risk analysis and assurance of systems and processes, outlining potential fraud and operational challenges.