Tag: Bank Fraud

Armen Najarian, CMO of ThreatMetrix commented “Failing to invest in the right tools to block fraud effectively leads to lost customer relationships.” We all know banks today face a significant challenge: they need to keep innovating digitally, but in a way which keeps the fraudsters at bay effectively while reducing customer friction. I have seen first-hand…

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Banks across the globe are urged to implement more sophisticated authentication for online banking malware attacks in the aftermath of huge losses in the UK. What Happened? Reports emerged this week from the National Crime Agency that fraudsters have pocketed £20 million by stealing online banking customers’ credentials through a virulent piece of malware called…

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