Alex Faivusovich
About Alex Faivusovich
Alex Faivusovich is the Head of Fraud Risk, known for significantly reducing fraud losses and investigation times at Lili using Unit21's platform.
Title and Position
Alex Faivusovich holds the position of Head of Fraud Risk. In this role, Alex is responsible for overseeing and managing strategies to mitigate fraud risks. The position involves developing robust risk management frameworks and implementing measures to safeguard against fraudulent activities.
Contributions in Fraud Risk Management
Alex Faivusovich contributed significantly to the field of fraud risk management. One notable contribution includes authoring a chapter on synthetic IDs in the 'Fraud Fighters Manual'. This work explores the complexities of synthetic identity fraud and offers insights into identifying and mitigating such risks. The publication is a crucial resource for professionals in the fraud prevention industry.
Achievements at Lili
During tenure at Lili, Alex Faivusovich achieved remarkable results in fraud risk management. By leveraging Unit21's platform, Alex successfully reduced fraud loss by 50%. Additionally, the implementation of advanced investigative tools helped cut investigation time by 75%, significantly enhancing the efficiency and effectiveness of Lili's fraud management operations.