From a customer’s standpoint, a bank’s reputational status is not necessarily based on due process but on perception.
Once a bank makes it into a damaging headline it has a long road to travel until it can regain its good-standing, if at all.
By nature, banks are a prime target of cyber fraudsters looking to intercept all types of financial transactions including payments, deposits and withdrawls.
So what can a bank do to protect itself? The best move a bank can make to combat ever-sophisticated fraudsters is to align themselves with an expert payment fraud prevention partner.
Find out how one bank took a giant step towards protecting its customers’ assets and its reputation.
Cyber Fraud and Risk Management: Secure Payments
Gartner recently reported that the newest trend in fraudulent activity is Cross-Channel Fraud, the manipulation of multiple channels to perpetuate a fraud scheme.
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