Although financial institutions have defended against fraudulent transactions for many years, attacks by professional fraudsters are growing rapidly. Additionally, the fraudsters’ methods, tools and organized efforts are getting more sophisticated. Losses related to fraudulent activity—like account takeovers and fraudulent credit card transactions—can reach tens and hundreds of millions of dollars.Read More
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WASHINGTON, D.C.–The corner has been officially turned. As the credit crisis gripped financial services a couple of years ago, cutting costs was the call to action at banks worldwide, and especially in the U.S. That meant a relentless pursuit of greater efficiency and a deeper understanding of where are theRead More