PCM Vol.2 - Issue 6

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Welcome to <strong>Vol.2</strong> - issue 6 We are enthusiastic to release the 6th <strong>Issue</strong> of the Payments & Cards Network eMagazine for 2016. Following our last issue, this month we focus on the way realtime data can be utilized to reduce friction and eliminate fraud in the Payments industry and further. In light of this, we present an Q&A session with Armen Najarian, CMO at ThreatMetrix, who talks about the digital transformation in the financial services industry. In the Startup Spotlight we introduce you to Risk Ident, a software provider offering anti-fraud solutions within the e-commerce, telecommunication and financial sector. Roberto Giorgio Valerio, CEO at Risk Ident, sheds light on his company’s innovative approach to tackle fraud, which goes beyond having advanced machine learning components. To provide a complete picture of the digital transformation in the financial service industry, Luke Reynolds, Director of Fraud at FeatureSpace, clarifies what machine learning is and how it can exactly be used to tackle online fraud. Carrying on we feature the Michel Splichal, MRC US Program Manager, who gives advice on how risk management departments can foster an excellent customer experience. And on top of this Jose Gonzales-Alonso, Head of European professional services for Payments solutions at NCR, explains the advantages of using Bayesian analytics to fight fraud more effectively. Finally, an overview of the hottest job openings we have at the moment. Feel like you need a change or looking for a job opportunity? Get in touch directly by clicking on the jobs. For the ones who like to network or simply want to stay up-to-date with their peers - check out our premium event partners and make use of the discounts we have on offer before they run out! For any questions, suggestions, or concerns, please address them to the editors: Amir Abdin - amir@paymentsandcardsnetwork.com Duc Dang - duc@paymentsandcardsnetwork.com Joanna Bak - joanna@paymentsandcardsnetwork.com The Payments & Cards Network team wishes you good reading! 002
Contents thoughtleaders spotlight 7 16 10 13 STORIES 4 7 10 13 Fractals - The future of fraud detection Jose Gonzales-Alonso dives deep into new approaches and techniques of fraud detection. How is Machine Learning helping to tackle online fraud Luke Reynolds explains what the popular term of machine learning and how it can be utilized to fight fraud. Ways for Risk Management team to provide a winnnig customer experience Michel Splichal shares a number of strategies a risk department can implement to sustain a excellent customer experience. Understanding the total costs of friction Armen Najarian highlights the importance of preserving the overall customer experience while improving to detect & fight fraud. 16 19 20 Spotlight: Risk Ident We speak to Risk Ident, a very innovative startup taking fraud prevention to the next level. Hot Jobs Hottest jobs in the industry! Get in touch directly to get more insight. Events Here we showcase the most exciting upcoming events related to FinTech, Payments and Cards throughout the world! 003
Page 1: PCM YOUR GATEWAY TO THE WORLD OF PA
Page 5 and 6: Thought Leaders Corner Fighting fra
Page 7 and 8: Thought Leaders Corner How is machi
Page 9 and 10: Thought Leaders Corner checks with
Page 11 and 12: Thought Leaders Corner Work towards
Page 13 and 14: expert interview Understanding the
Page 15 and 16: Spotlight You think you have what i
Page 17 and 18: startup spotlight latest to the gam
Page 19 and 20: jobs Hot Jobs TECHNOLOGY PRODUCT MA
Page 21 and 22: events Amsterdam, The Netherlands D
Page 23: Payments & Cards Network Driving In

PCM Vol.2 - Issue 6

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