Stepanenko D.A. Anti-fraud as a forensic means for prevention of crimes in the banking sector

Abstract

In the modern digital business environment, methods and tools for illicit enrichment and deception are constantly evolving, which requires the development of flexible and adaptive mechanisms for detecting and preventing abuse and fraud in the financial and banking sectors. The object of the study is the banking sector, as a sector of the national economy and a global participant in the financial system. The subject of the study is a forensic means of preventing crimes in the banking sector. The purpose of the study is to consider the content of antifraud as a modern forensic means of preventing crimes in the banking sector. The article argues that banking institutions tend to hide information about fraud to avoid the risk of loss of reputation, preferring to disclose cases either at the request of the judicial system or when there is significant damage affecting customers. It is easier for law enforcement agencies to investigate simple cases of bank fraud, for example, when a client takes out a loan with the deliberate intention of not repaying it; in such situations, the criminological aspects of the crimes are well studied, fraudsters rarely manage to cover their tracks and often manage to identify the violators, even in collusion with bank employees. At the same time, government regulation consists primarily of providing legal mechanisms of responsibility, although there is an obvious need to use means of crime prevention, because punishment does not compensate for the loss of public welfare, therefore automated real-time fraud detection tools, such as the Antifraud system, are urgently needed to detect fraud in the banking sector, since they allow you to track and prevent the commission of a crime in real time using many behavioral and technical signals (behavioral biometrics and fingerprints). The article presents types of fraud, types and algorithms of the anti-fraud system, which make it possible to prevent the commission of a crime and prevent the loss of public well-being and economic damage.