Bringing 20/20 Foresight to Fraud

It is no secret that cybercrime is growing rapidly. Fraudsters are adapting to fraud prevention methods and data breaches are becoming a normal occurrence. But what if there was a way to fight the fraudster’s intelligence with even more sophisticated intelligence?

On October 09, 2014 at 1 PM EST, MPD CEO Karen Webster will host a digital discussion with Revathi Subramanian, Senior VP, Data Science at CA Technologies to better understand how CA Risk Analytics uses patent-pending neural network authentication models to help card issuers combat eCommerce fraud and improve the overall customer online shopping experience.

In this digital discussion, you will also learn:

• How CA Risk Analytics patent-pending neural network authentication models help issuers understand legitimate and fraudulent behavior for each individual cardholder, updated in real time.
• How these advanced models increase revenue, reduce card operation costs, and offer greater control and a faster speed of change for issuers.
• Why using these models can be leveraged for greater accuracy and stability to precisely target eCommerce fraud in comparison to other security measures.

DIGITAL DISCUSSION PRESENTER

Revathi Subramanian
Senior Vice President, Data Science, CA Technologies

Revathi Subramanian is Senior Vice President, Data Science at CA Technologies. She is the founding member of a team of high caliber data scientists that are uncovering business value and operational intelligence from the chaos of Big Data in areas like eCommerce, application performance management, infrastructure management, service virtualization and project management.  Her team is at the forefront of using analytics to combat card not present fraud and has developed patent-pending technology in this area. She is the author of the book “Bank Fraud: Using Technology to Combat Losses” which describes fraud detection and prevention strategies from a technological perspective, helping users define their data and analysis environments correctly from the beginning, so that the best possible results can be achieved by their fraud management systems.

Before joining CA, Revathi was the co-founder of the SAS Advanced Analytics Solutions Division in 2002. She led the development of a new enterprise real-time fraud decisioning platform utilizing advanced analytics.  Over the next ten years, she and her team added the name of SAS Institute to the world of real-time analytics solutions. Revathi is credited with multiple patents and some groundbreaking and innovative real-time scoring technology in fraud and risk management. Prior to joining SAS, Revathi held various leadership roles in HNC Software, acquired by FICO in 2002, and built highly innovative transaction-based credit risk, attrition risk, and revenue/profit forecasting systems.

Revathi has a Master’s degree in Statistics from the Ohio State University and a Bachelor’s degree in Mathematics from Ethiraj College, Chennai, India.

DIGITAL DISCUSSION HOST

Karen Webster
CEO, Market Platform Dynamics

Karen Webster is one of the world’s leading experts on payments, commerce and retail innovation and a strategic advisor to CEOs and Boards of multinational players in those sectors. As CEO of Market Platform Dynamics, she works extensively with the most innovative players in the payments, financial services, mobile, retail, B2B, digital media and technology sectors to help them maximize the value of their platform assets, design disruptive new business models and ignite and monetize new innovation. Karen also serves as a member of the advisory board for several emerging companies.