Fraud Orchestration Will Keep Banks on Key
A growing, tech-savvy consumer base is changing the way we bank. Banks are creating innovative new ways of servicing their customers, giving them the power to bank anywhere, anytime and…
A growing, tech-savvy consumer base is changing the way we bank. Banks are creating innovative new ways of servicing their customers, giving them the power to bank anywhere, anytime and…
All organizations are subject to fraud risks. Whether the threat comes from internal or external, the consequences of fraud activities can lead to the downfall of companies, increased regulations, loss…
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Banking is a rapidly changing market. Digital technology has created a competitive and innovative market whereby financial institutions face off in trying to create a new customer experience going beyond…
Fraud has been around since the dawn of commerce. The earliest recorded case of fraud goes way back to 300 BC, a Greek merchant named Hegestratos took out a large…
A PwC study found 49% of global companies surveyed said they’ve been a victim of fraud and economic crime. Banks and businesses are enduring the pain of illegal financial activities…
Fraud frɔːd/ noun 1. wrongful or criminal deception intended to result in financial or personal gain. 2. “he was convicted of fraud” In 2017, banking fraud cost as much as…
In 2016, the Fraud Detection and Prevention (FDP) market was worth $14.36 billion and it is forecast to increase to $33.19 billion by 2021. This puts the compound annual growth…
Financial fraud has always been in the news, starting with bogus cheques decades back to ATM skimming in recent years and the ever rising threat from malware and trojans within…
With its ease of use and flexibility, mobile banking is creating a revolution in the provision of new ways for consumers to access their finances. Consumers can access and control…