Fraudsters are adapting advances in technology to target customers – Authorized Push Payment (APP) fraud scenarios such as Business Email Compromise (BEC), elder scams and cryptocurrency investment schemes are a growing concern. Meanwhile, organized criminal groups coordinate their efforts to conduct attacks, developing sophisticated fraud scams that are having a major impact on customers.
Our webinar looks at recent fraud trends to examine how criminals have adapted to circumvent improved security and controls at financial institutions. We also discuss current developments in the industry, focusing on how technology, consortium counterparty analytics and cross-channel intelligence are key to prevent losses.
Highlights from this industry-leading webinar include:
- Insights into fraud scams perpetrated across multiple payments channels
- Analysis of industry trends seen in the Nasdaq Verafin Cloud
- Potential industry impacts of liability shift changes
- The need for collaborative frameworks across the industry
- The role of technology in fraud mitigation, including consortium counterparty analytics and cross-channel intelligence
