White Papers
Integrated Fraud Analytics
Legacy analytic solutions are often not tailored to a lender's technical environment. They typically involve lengthy and expensive integration projects. This paper describes BasePoint's approach to fraud detection modeling, as well as to introduce recommended process for model building, development and implementation. It covers a discussion of common analytic techniques, an introduction to the process of building models, and the development of models for fraud detection.
Request a copy of this white paper Internal Fraud
Despite the significant investments made by financial institutions to guard against fraud committed by external sources, most institutions have done little to guard against internal fraud. This is primarily due to the fact that there are very few systems or tools available on the market that are focused on detecting fraud on non-authorization based systems. This White Paper discusses BasePoint’s views and positions on internal fraud, as well as provides an understanding of the available range of solutions for addressing it.
Request a copy of this white paper First Party Fraud
First party fraud is perpetrated by customers of the victim, which can be a bank, institution or company. It is pervasive and can take many forms. It is also known as soft fraud, cardholder abuse, friendly fraud, bust-out, kiting, opportunistic fraud, first payment default, early skips or false fraud. This white paper focuses on an exploration of how FPF affects the credit card industry, and how data-driven solutions can automate decisions in real-time to control fraud.
Request a copy of this white paper Balance Transfer Fraud
Fraud control of balance transfer initiatives can be a challenge. Issuers must provide quick turnaround times to promotion activity, borrowers expect electronic credits to post immediately to their credit accounts, and the average fraud transaction amount is very high. Fraud managers must find a quick, highly-automated solution to balance risk control, good customer service and processing costs. This document outlines best practices for minimizing balance transfer fraud.
Request a copy of this white paper Convenience Check Fraud
The volume of convenience checks dropped in the mail has increased, along with the risk associated with this type of balance building promotion. Much of the increase in check fraud can be attributed to electronic activity, both balance transfers and online banking. This document outlines BasePoint’s vision on best practices covering the three major areas of fraud control: prevention, detection and recovery, as well as some tips for controlling large incidents of convenience check fraud.
Request a copy of this white paper Optimization Techniques
Optimization techniques have been used to solve a variety of business problems across many industries. In the financial services industry, optimization has been used successfully for making critical decisions regarding credit line management, customer retention, collections and marketing decisions. This white paper focuses on the use of optimization techniques and how they are utilized to boost the performance of fraud decisions. The primary uses of optimization in fraud include authorization decisions at the point of sale and dynamic chip parameter settings for authorization retrievals.
Request a copy of this white paper
Legacy analytic solutions are often not tailored to a lender's technical environment. They typically involve lengthy and expensive integration projects. This paper describes BasePoint's approach to fraud detection modeling, as well as to introduce recommended process for model building, development and implementation. It covers a discussion of common analytic techniques, an introduction to the process of building models, and the development of models for fraud detection.
Request a copy of this white paper Internal Fraud
Despite the significant investments made by financial institutions to guard against fraud committed by external sources, most institutions have done little to guard against internal fraud. This is primarily due to the fact that there are very few systems or tools available on the market that are focused on detecting fraud on non-authorization based systems. This White Paper discusses BasePoint’s views and positions on internal fraud, as well as provides an understanding of the available range of solutions for addressing it.
Request a copy of this white paper First Party Fraud
First party fraud is perpetrated by customers of the victim, which can be a bank, institution or company. It is pervasive and can take many forms. It is also known as soft fraud, cardholder abuse, friendly fraud, bust-out, kiting, opportunistic fraud, first payment default, early skips or false fraud. This white paper focuses on an exploration of how FPF affects the credit card industry, and how data-driven solutions can automate decisions in real-time to control fraud.
Request a copy of this white paper Balance Transfer Fraud
Fraud control of balance transfer initiatives can be a challenge. Issuers must provide quick turnaround times to promotion activity, borrowers expect electronic credits to post immediately to their credit accounts, and the average fraud transaction amount is very high. Fraud managers must find a quick, highly-automated solution to balance risk control, good customer service and processing costs. This document outlines best practices for minimizing balance transfer fraud.
Request a copy of this white paper Convenience Check Fraud
The volume of convenience checks dropped in the mail has increased, along with the risk associated with this type of balance building promotion. Much of the increase in check fraud can be attributed to electronic activity, both balance transfers and online banking. This document outlines BasePoint’s vision on best practices covering the three major areas of fraud control: prevention, detection and recovery, as well as some tips for controlling large incidents of convenience check fraud.
Request a copy of this white paper Optimization Techniques
Optimization techniques have been used to solve a variety of business problems across many industries. In the financial services industry, optimization has been used successfully for making critical decisions regarding credit line management, customer retention, collections and marketing decisions. This white paper focuses on the use of optimization techniques and how they are utilized to boost the performance of fraud decisions. The primary uses of optimization in fraud include authorization decisions at the point of sale and dynamic chip parameter settings for authorization retrievals.
Request a copy of this white paper