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How Banks Are Revolutionizing Fraud Prevention With Cutting-Edge Technology

How Banks Are Revolutionizing Fraud Prevention With Cutting-Edge Technology

by chung chinyi | Mar 14, 2025 | Uncategorized

How Stronger Digital Identity Proofing Can Curb Fraud Instantly

How Stronger Digital Identity Proofing Can Curb Fraud Instantly

by chung chinyi | Mar 14, 2025 | Uncategorized

Digital identity proofing is a formidable challenge in banking and financial services. Reuben Stewart, who leads the digital identity efforts at PNC Bank, often reflects on this critical issue. He notes that many organisations still depend heavily on static data to...
How Unauthorized Transactions Abroad Could Be Draining Your Wallet

How Unauthorized Transactions Abroad Could Be Draining Your Wallet

by chung chinyi | Mar 14, 2025 | Uncategorized

Once upon a time, in the bustling archipelago of the Philippines, there was an intricate tale woven around the world of credit card fraud and unauthorised overseas transactions. This tale is a tapestry of laws, definitions, procedures, protections, and guidelines that...
Ways AI Enhances Security In Banking Fraud Detection

Ways AI Enhances Security In Banking Fraud Detection

by chung chinyi | Mar 14, 2025 | Uncategorized

  In recent years, Thailand has embarked on an ambitious journey to transform itself into a cashless society. The country is witnessing a remarkable shift, propelled by rapid advancements in digital payment systems that are reshaping the way people conduct their...
How Cloud-Based AI Revolutionizes Fraud Prevention Strategies

How Cloud-Based AI Revolutionizes Fraud Prevention Strategies

by chung chinyi | Mar 14, 2025 | Uncategorized

In recent years, the financial landscape has undergone a dramatic transformation. Banks, payment companies, and their fintech partners are navigating an unprecedented surge in online and mobile transactions. This shift is driven by consumers eagerly adopting digital...
FinTech Strategies To Combat $12.5bn Fraud Threat

FinTech Strategies To Combat $12.5bn Fraud Threat

by chung chinyi | Mar 14, 2025 | Uncategorized

The year 2024 saw an alarming rise in fraud losses, with the Federal Trade Commission (FTC) announcing that consumers were swindled out of a staggering $12.5 billion. This marked a significant 25% increase from the previous year, raising concerns about the growing...
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