Rising Identity & Financial Frauds: How Can Banks & Financial Institutions Mitigate the Risks?
With the changing nature and increase in the number of fraud attacks on banks and FIs globally, there’s a need to rethink the industry’s response to identity thefts, social engineering, SIM SWAP and
Cutting Mobile Banking Fraud With Dynamic Authentication And App Security
Aside from the pressure of rapid adaptation and process transformation that financial services firms have managed over the last year, the increase in sophistication and volume of fraud attacks has
Social Engineering: Psychological Warfare in the Cyberspace
A staggering 98% of cyberattack leverage social engineering techniques in their fraud schemes. It’s the tried-and-true method for cybercriminals and understanding how they operate is the first step in
Enabling PSD2‑Compliant Fraud Monitoring for a Better User Experience
One of the new rules introduced by the Revised Payment Services Directive (PSD2) is mandatory transaction monitoring. As defined in the RTS on Strong Customer Authentication and Common and Secure