Protect your customers and prevent fraud losses from various types of scams using intelligent intervention

With real-time, omni-channel communications, banks can improve fraud management and customer experience with personalized outreach

Courier scams have long been a problem, but the threat has gathered momentum in recent months

The United Kingdom and the Nordic region continue to lead Europe in terms of digital transformation and fraud loss reduction - but non-card scams are rising fast

Bank Negara confirmed in July 2020 that banks and other financial institutions could deploy eKYC as part of the onboarding process.

While there are several viable routes to strong customer authentication, the choice of a second factor, possession, is posing problems.

Cosmos Bank recently had $13.5 million siphoned off by hackers linked to the Lazarus Group in North Korea. These attacks emphasize the need for layered fraud defences and controls that effectively mitigate such risks.