Compass Plus Technologies, a global provider of payment and banking solutions, has released a new eBook exploring how financial institutions can better protect themselves against the fast-changing threat of fraud.
From rules to intelligence: How FIs can harness hybrid systems to stay ahead of evolving fraud outlines why relying on traditional rule-based monitoring alone is no longer enough, with global fraud losses projected to reach $58.3 billion by 2030.
The guide explains how combining rule-based clarity with machine learning adaptability gives banks a more effective defence: improving detection accuracy, cutting false positives, reducing investigation costs, and safeguarding customer trust.
Rather than replacing existing systems, Compass Plus Technologies shows how a hybrid approach can be embedded into current infrastructures, allowing financial institutions to move quickly, scale efficiently, and keep pace with increasingly sophisticated fraud tactics.
The eBook also highlights the wider business benefits of hybrid fraud prevention, from protecting revenue and reputation to supporting seamless customer experiences in an era where agility is key.