Boston, November 26, 2019 –Now is not the time to be complacent as a digital channel security practitioner. Escalating social engineering attacks combined with the speed and irrefutable nature of faster payments make it difficult for FIs to recover the stolen funds, and the FIs’ customers are losing significant money from these scams. Can new controls address and minimize these fraud losses and reduce the impact on consumers and businesses?
This Impact Brief details the key threats associated with the new age of faster payments and identifies solutions to help FIs mitigate fraud losses. It is co-authored by fraud mitigation and security specialist Ken Palla.
Clients of Aite Group’s Fraud & AML service can download this 15-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at firstname.lastname@example.org.