The statistics around bank fraud are simply staggering. According to the 2018 Report to the Nations by the Association of Certified Fraud Examiners, fraud cases cost organizations over $7 billion globally in 2017. It’s no wonder that banks are turning to the latest technology solutions to combat fraud, protect revenue and maintain consumer confidence. Banks need a solution that:
Find out how adopting Bottomline Technologies' cyber fraud and risk management solution helped one bank see a 15x improvement in reducing false positives.
74% of financial professionals reported that their companies experienced payments fraud last year.
- 2017 AFP Payments Fraud and Control Survey
InfographicTreasury Fraud & Controls 2017 Survey Report Infographic
To prevent treasury fraud, your organization must understand the current fraud landscape and the top sources of fraud. Fraud is rising, whether it’s payment fraud, imposter fraud, cyber fraud, or ransomware.
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