fraud-prevention
TechnologyHow the proposed U.S. “Protecting consumers from payment scams act” could impact financial institutions’ fraud prevention efforts
TechnologyFraud prevention: Rethinking the evolving landscape
BusinessThe financial implications of social media scams aimed at employees in businesses
TechnologyWhy online fraud prevention is getting harder than ever
Open banking must step up its fraud prevention
Date: January 26, 2024
Open banking must step up its fraud prevention Tareq Shaheen, Director of Payment Solutions at Eastnets discusses how the recent EU payment legislation proposals impact the open banking market. Through open banking, the European Union continues to embrace its interconnected financial ecosystem; connecting, collaborating and sharing customer data instantly. Yet, the risk of fraud looms...
Predictions for 2024: Which crypto scams will be on the rise?
Date: January 10, 2024
Predictions for 2024: Which Crypto Scams Will Be on the Rise? As we step into the new year, cryptocurrencies are still incredibly popular. They have become a part of mainstream culture and are here to stay. However, cybercriminals are aware of the power of cryptocurrencies, and their intricate scams keep evolving as we speak. Join...
5 ways banks can protect their clients from fraudsters
Date: January 8, 2024
5 Ways Banks Can Protect Their Clients from Fraudsters As the digital world becomes more advanced, so do cyber crimes. Financial institutions must always stay one step ahead of hackers by ensuring excellent security measures. Have sound plans for eliminating vulnerabilities that prevent data breaches from securing your client’s assets. This blog post shares five...
The buy vs. build dilemma – how financial services firms can save around two-thirds on risk orchestration fraud and financial crime costs
Date: October 30, 2023
The Buy vs. Build Dilemma – how financial services firms can save around two-thirds on risk orchestration fraud and financial crime costs By Edward Vaughan, senior director at LexisNexis Risk Solutions, looks at the potential costs of buying or building a risk orchestration platform. The benefits of orchestration Risk orchestration is gaining incredible traction in...
The rising threat: BEC and sekur’s solution
Date: October 5, 2023
The Rising Threat: BEC and Sekur’s Solution BEC, or business email compromise, is among today’s worst online threats. Many people have had large sums of money compromised due to fraudulent messages and scammers who utilize email as their primary method of attack. Instead of leaving themselves to the mercy of potential scammers, companies and individuals...
FRAML integration could help cut compliance costs and modernise risk management
Date: July 7, 2023
FRAML Integration Could Help Cut Compliance Costs and Modernise Risk Management The growing convergence of Fraud and Anti-Money Laundering (FRAML) operations within the UK financial services sector has the potential to save firms tens of millions of pounds of compliance costs each year. It could also create a runway for them to evolve their compliance...