VP, Fraud Executive Advisor
Prove
Mary Ann Miller is VP, Fraud Executive Advisor at Prove and a well-respected expert in the fraud and identity space. Mary Ann was most recently Head of Fraud Strategy at Varo Bank where she led the fraud strategy process for transitioning the fintech to a nationally chartered challenger bank. By leading fraud management programs and applying advanced analytics, machine learning and channel security defenses Mary Ann has helped financial institutions globally lower exposure to fraud in an increasingly digital environment. Mary Ann's previous directorships and executive roles in well known organizations like USAA, PayPal, Lloyds Banking Group and other technology firms provides a strategic business perspective of fraud challenges. Mary Ann has previously served on the US Federal Reserve Secure Payments Task Force and Scams Definition and Classification Working Group and has built a high visibility reputation as a thought leader and global authority on digital fraud through media coverage on BBC news, NPR, American Banker, USA Today, Forbes, Bloomberg and others.
The widespread usage of artificial intelligence (AI) in committing fraud is being countered by financial institutions’ growing reliance on AI and advanced analytics for fraud detection, mitigation and prevention. Increasingly, executives are turning to machine-learning models and behavioral biometrics for real-time detection of fraud. The tough balancing act they face: How to balance speed, accuracy and customer experience with sophisticated guardrails to prevent fraud before it happens. The roundtable discussion will focus on the usage of AI to commit and prevent fraud, strategies being employed to identify fraud patterns and stop them before they occur, and how to model governance, transparency and regulatory expectations for the usage of AI in fraud prevention.