Michael Smith

Fraud Market Planning Lead, LexisNexis Risk Solutions

Smith is responsible for Fraud Market Planning for LexisNexis Risk Solutions, driving conceptual design of innovative solutions for financial service organizations in alleviating fraud risk. Prior to LexisNexis, He was a Fraud Risk Manager for General Electric (GE Money), Manager of Fraud Policy at Direct Merchant's Credit Card Bank, and Fraud Investigator for Certegy and Equifax. Smith began his training in the fraud industry by receiving a degree in Economic Crime from Utica College of Syracuse University and through an internship at the Financial Crimes Division of the United States Secret Service in Washington, DC.

Complying with the FFIEC Guidance on a Budget

Presented by Bryan Knauss , Michael Smith • October 17, 2011

The new FFIEC Guidance is clear. And the deadline to have a plan in place is quickly approaching. Financial institutions need to perform periodic risk assessments of customer authentication controls based on threats and subsequently increase levels of controls based on threats. As part of this risk assessment,...

FFIEC Guidance: How to Use Layered Security to Fight Fraud

Presented by Mark Benoit , Alisdair Faulkner , Michael Smith , Matthew M. Speare • September 6, 2011

Layered security is one of the core tenets of the new FFIEC Authentication Guidance - and it's perhaps the most effective strategy for detecting and preventing banking fraud schemes. But what are some of today's most mature approaches to layered security, and how are banking institutions employing them to detect and...