Fighting Fraud: Predictive Technology to the Rescue?

April 14, 2014
Hosted by Bonnie D. Graham

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Episode Description

The buzz: Fraud. As hard as your company works to put in place effective anti-fraud processes and tools, fraudsters are working harder to circumvent whatever you try. Take heart! Predictive analytics technology may be able to help you understand emerging fraud patterns and adapt strategies against new types of attack. The experts speak. Derek Snaidauf, Deloitte: “By some estimates, the typical organization loses 5% of its revenues to fraud each year, which translates to a potential projected global fraud loss of more than $3.5 trillion. Fraud perpetrators are sophisticated, well organized, and adaptive—as soon as one scheme is detected, another one materializes.” Michael P. Cangemi, Cangemi Company: “Imagination is more important than knowledge.” (Albert Einstein). Jérôme Pugnet, SAP: “People always tend to see gangsters as stocky dark-haired guys. It’s the silliest prejudice.” (Antoine Beretto, “Ne nous fachons pas!”). Join us for Fighting Fraud: Predictive Technology to the Rescue?

Financial Excellence with Game Changers, presented by SAP

Financial Excellence with Game Changers, presented by SAP

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Financial Excellence with Game Changers, Presented by SAP, Tuesdays at 9 AM Pacific Time and 12 Noon Eastern Time on The Business Channel.

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Bonnie D. Graham

Bonnie D. Graham

Bonnie D. Graham has been producing and hosting live talk radio since 1998. She is the creator, producer and host of the weekly business talk series, “Coffee Break with Game-Changers, presented by SAP” that debuted in Fall 2011, plus more than two dozen related Game-Changers Radio series also heard on the VoiceAmerica Business Channel.

SAP helps companies of all sizes and industries run simple. From back office to boardroom, warehouse to storefront, operations to finance, SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. We do this by extending the availability of software across on-premise installations, cloud and hybrid deployments, and mobile devices.

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