WSO2 to host forum on fraud detection solutions for banks and financial institutions

Friday, 28 April 2017 00:00 - - {{hitsCtrl.values.hits}}

Payment fraud is becoming more complex and dangerous with fraudsters countering anti-fraud measures through technology and advanced statistical models. Banks and financial institutions are increasingly adapting anti-fraud measures to fight this. Their main concern is finding the right level of fraud prevention which counters fraud but is not overprotective so as to drive customers away. To support CIOs, CTOs and heads of IT at banking and financial institutions in this endeavour, a WSO2 Senior Technical Lead will conduct a forum on fraud detection mechanisms and how to implement them in a simple and effective manner. The Fraud Detection Solutions Forum will be held on 4 May at WSO2, in Colombo, Sri Lanka. The forum will be led by WSO2 Senior Technical Lead Seshika Fernando and held from 8.30 a.m.-12.00 p.m. at WSO2, No. 20 Palm Grove, Colombo 03. Fernando will first explore the various fraud detection mechanisms such as real-time queries, fraud scoring, Markov models and machine learning together with visualisation techniques that can protect banks and financial institutions against fraud.

She will then present demos of the WSO2 fraud detection solution. Next she will examine other analytics solutions applicable to the banking and financial industry. She will finally open up the forum for a discussion based on questions and feedback on current challenges.

Fernando is a Senior Technical Lead at WSO2 and focuses on the applications of WSO2’s middleware platform in financial markets. Throughout her career, she has had extensive experience in providing technology for stock exchanges, regulators and investment banks from across the globe. Her current area of interest is in streaming analytics and its usage in diverse industries. She holds a BSc (Hons.) in Computer Science from the University of Colombo, Sri Lanka and an MSc in Finance from the London School of Economics, UK and is a British Chevening Scholar.

She has presented at In Memory Computing Summit 2015, Apache Big Data 2015, Big Data Tech Con 2015, Apache Big Data 2016 and many WSO2 conferences over the years.

To register, visit http://wso2.com/events/forum/2017-may-colombo-fraud-detection-solutions or call 0773772409. Seats are limited and for registrants only.