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Leverage Gartner’s Insight for Assessing the Total Cost of Fraud in Your Payment Fraud Prevention Strategy

Start Date:8/26/2020

Start Time:7:00 AM PDT

Duration:60 minutes

Abstract:

As businesses transform to meet shifts in consumer behavior and fraud patterns taking place through digital channels, it has never been more important to understand and assess the comprehensive financial impact of your fraud solutions.


According to Gartner, “In order to build an effective fraud detection strategy, fraud leaders must attempt to quantify how much fraud is costing their organization. This cost will lead to informed discussions about how much to invest in detecting and preventing fraud, and how best to align a fraud strategy to organizational goals.”1

Register now to learn how to:
  • Optimize your fraud investments by developing a “total cost of fraud” model, and align it with organizational goals to determine tolerable fraud rates for your business
  • Understand how to calculate the costs of fraud that impact onboarding, account access, and payments
  • Implement effective solutions for fraud detection and prevention that drive down your total cost of fraud


1 Gartner, How to Create a Payment Fraud Detection Strategy at the Organizational Level, Akif Khan, 21 January 2020


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Speakers

Scott Olson

VP of Product Marketing,

TransUnion

Scott Olson is a Vice President at TransUnion. In this role, Olson leads efforts that focus on strategy, go to market and positioning of the product portfolio. Prior to joining TransUnion, he founded three businesses and served as Vice President at two others that were successfully acquired by Cisco Systems, Symantec Corporation, and Trustwave Holdings. Olson received a bachelor’s degree in electrical engineering from Duke University, Pratt School of Engineering and a master’s of business administration from the University of Texas at Austin.





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