Infoglide Blog

If you blinked a couple of weeks ago, you may have missed a FInCEN ‘clarification letter’ concerning US Patriot Act Section 314(b) which allows – and encourages – participating financial institutions to share fraud and AML data with each other.  In the September 25 article, FinCEN and the US Treasury Department essentially cleared the way [...]

By Robin Farshadfar, Director of Global Solutions at Infoglide Software As purchasing habits continue to evolve towards eCommerce and mobile purchasing, electronic payment platforms such as Paypal, Google Checkout, and Amazon Payments will continue to become dominant players in the online, financial transaction industry. In fact, Forrester Research estimates that consumers will use PayPal, Google [...]

By Douglas Wood, Infoglide SVP of Sales and Services I noted with interest the August 31 announcement that IBM is buying UK based i2 Inc.  I was in my hotel room when I read the announcement, attending the International Association of Financial Crimes Investigators (IAFCI) conference in Charlotte.  I was actually so surprised that I [...]

By Doug Wood - Infoglide SVP of Sales “There’s an old saying in Tennessee — I know it’s in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can’t get fooled again.” – President George W. Bush   Notwithstanding the former president’s butchering of the expression, [...]

By Doug Wood - Infoglide SVP of Sales Government and commercial organizations are under increasing pressure to more effectively identify and unravel threats before they happen.  Predictive analytics tools have traditionally been deployed in hopes of isolating transactional behaviors that may point to a risk of loss.  The market is well served with these systems, yet institutional [...]

By Doug Wood - Infoglide SVP of Sales The word ‘triage’ tends to bring to mind the settings of a hospital emergency room.  Doctors and nurses try to examine the patient data quickly to ensure that patients with the most urgent needs are treated first.  This same concept holds true for insurance. Understanding which claims need further [...]

By Mike Betron, Infoglide VP of Marketing Over the past few months, Infoglide Software Corporation – the leading provider of identity resolution and entity analytics technology for fraud and investigations – commissioned a survey to discover the biggest technology challenges facing banks in preventing and investigating fraud. The survey was conducted with US-based banking institutions [...]

By Mike Betron, Infoglide Software Director of Marketing In “Mining the Tar Sands of Big Data”, Matthew Driscoll and Roger Ehrenberg draw an apt parallel between the earth’s vast oil reserves and big data: until recently it wasn’t economically and technically feasible to mine these resources efficiently. In both cases, that’s changing. The authors trace [...]

By Mike Betron, Infoglide Software Director of Marketing The Aite Group recently authored a report entitled “Internal Fraud: The Devil Within.” After surveying 35 fraud and product executives at financial institutions across the U.S. and Canada, they concluded that internal fraud is a severe and growing problem that often goes undetected and almost always flies [...]

By John Talburt, PhD, CDMP, Director, UALR Laboratory for Advanced Research in Entity Resolution and Information Quality (ERIQ) First, let me wish everyone a Happy and Prosperous New Year.  Also, since my last post, my book Entity Resolution and Information Quality has been published and is now available from Morgan Kaufmann Publishing (http://mkp.com/news/entity-resolution-and-information-quality). What is [...]