Fraud and Financial Crime Management
Gain unparalleled protection from internal fraud and external financial crime. Meet compliance and regulations without complexity.
Cybercriminals were quick to spot vulnerabilities as millions more transactions were conducted online during the pandemic. So, how should the payments industry respond? How can ISO 20022 help data scientists bridge the gap of faster payments, faster fraud? We asked Omri Kletter, Global VP for Bottomline Technologies’s financial crime and fraud department, and ‘The Ethical Hacker’ Ralph Echemendia.
We asked 334 corporate practitioners and bankers where their organization stands in the fight against fraud, what effects they experienced from the pandemic. With this we gathered extensive data on fraud experiences, defensive and control plans and types of spending used to protect their organizations and views on risks. We have compiled our survey results into a comprehensive report where you can discover the state of fraud and controls, industry trends, peer benchmarks and tips and action items to help combat fraud.