Enhancing Fraud Prevention: Achieving Robust Security and Efficiency
Description
This IDC Market Perspective explores Şekerbank’s deployment of aiReflex and fcase for advanced fraud prevention across digital banking channels. The initiative aimed to enhance real-time detection, reduce false positives, and streamline manual review processes. By leveraging AI-driven rule-based monitoring and orchestration, Şekerbank improved operational efficiency and addressed regulatory compliance. The approach strengthened customer trust and fortified the bank’s security posture.“The evolution of digital banking demands a proactive approach to fraud prevention, where AI-powered solutions and streamlined workflows work together to deliver robust security, regulatory compliance, and operational efficiency. Financial institutions that embrace these innovations are best positioned to safeguard their assets and build lasting trust with customers.” — Senior Research Manager Yesim Arac Ozturk, IT Security, IDC Türkiye
Table of Contents
7 Pages
Executive Snapshot
New Market Developments and dynamics
Introduction
Addressing Fraud Prevention Challenges at Şekerbank
Integration Challenges
Diverse Transaction Monitoring Needs
Real-Time Processing and Scalability
Manual Review and Decision-Making Efficiency
Regulatory Compliance and Security Standards
Organizational Adoption and Change Management
Key Outcomes and Benefits of Implementing Fraud Management Solutions
Enhanced Fraud Detection and Precision
Streamlined Response Processes
Operational Efficiency and Resource Optimization
Regulatory Compliance and Security Enhancement
Improved Customer Trust and Experience
Conclusion
Advice for the Technology buyer
Adopt AI-Powered Fraud Prevention for Real-Time Protection
Ensure Seamless Integration Across Banking Systems
Strengthen Regulatory Compliance and Audit Readiness
Promote Organizational Adoption via Training and Support
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