Delving Deeper: 2023 Fraud Insights Second Edition
Financial institutions (FIs) are grappling with sophisticated authorized and unauthorized scams that are fueled by payments innovation and higher transaction volumes. With instant payments gaining worldwide adoption, real-time monitoring is the key to stopping trending scams—but that’s not the only trend to plan for.
In the last year, payment volume increased 22% and attempted fraud unit and dollar attacks increased 18%. Long-term, these year-over-year increases are unsustainable.
How can FIs combat pervasive fraud that shows no signs of slowing down?
Download this report to get data-driven, expert advice that will help you evaluate current fraud prevention practices, retain customer trust, and meet dynamic regulatory requirements in 2024.
