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SAS helps Royal Bank of Canada avoid $15 million in credit fraud losses

By Angie Mak
Created 18/11/2009 - 6:47pm

White Papers [1]

SAS helps Royal Bank of Canada avoid $15 million in credit fraud losses

by SAS, 18 November 2009
topics:
Security [5] Technology [6]
tags:
banks [7] Business analytics [8] fraud [9] Royal Bank of Canada [10] SAS [11] security spending [12]
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This white paper examines how a fraud-rules application by SAS can leverage powerful analytics to target detect fraudulent mortgage, loan and credit line applications for banks, namely the Royal Bank of Canada (RBC). CFOs of banks will find the information especially helpful in assisting their banks to avoid millions in credit fraud losses, and learn how to obtain a low false-positive ratio, thus offering minimal hindrance to legitimate, valid customers.
 

 

 

Orignal Author: 
SAS
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rbc_fraud.pdf [14]273.04 KB

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[3] http://www.cfoinnovation.com/print/544
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[5] http://www.cfoinnovation.com/topic/2326/Security
[6] http://www.cfoinnovation.com/topic/2337/Technology
[7] http://www.cfoinnovation.com/tag/banks
[8] http://www.cfoinnovation.com/tag/Business analytics
[9] http://www.cfoinnovation.com/tag/fraud
[10] http://www.cfoinnovation.com/tag/Royal Bank of Canada
[11] http://www.cfoinnovation.com/tag/SAS
[12] http://www.cfoinnovation.com/tag/security spending
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[14] http://www.cfoinnovation.com/system/files/rbc_fraud_0.pdf
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