By July, most financial organizations are deep into the budgeting season for the upcoming year. Thinking where new technology solutions — particularly fraud detection and mitigation tools — is a critical part in shaping a strategic plan for getting ahead of unforeseen threats.
In 2019, with data breaches and emerging fraud tactics driving daily headlines, determining how to integrate more sophisticated solutions has become part of the larger story in arming fraud teams with the right tools to proactively combat these rapidly-growing problems. Here at Rippleshot, we're here to join your team in the fight against card fraud — but we're also here to help educate the marketplace on the latest and greatest trends impacting this complicated and ever-evolving industry.
Over the past six months, we've dove into what's impacting banks and credit unions most and what fraud teams can do about these increasingly expensive and complex issues. As you prepare your 2020 technology budgets, we've broken down what's defined the first half of 2019 and what this means for next year's plans.