Episode 2: Avoid chasing the next shiny fraud technology

In this podcast episode, George Rhodes warns against blindly following the latest tech trends, especially when it comes to fraud prevention. He notes that some organizations fall into the trap of chasing after the newest, shiniest system, often featuring buzzwords like artificial intelligence or machine learning, hoping it will be a one-size-fits-all solution to their fraud prevention needs. However, he advises that in reality, these systems often require substantial customization and adjustments to align with an organization's unique processes and risk tolerance. In essence, it's crucial not to let the system dictate your approach; instead, ensure it fits seamlessly into your established processes and risk strategy.