Financial crime is constantly evolving – and losses from fraud scams continue to grow. In this clip, Michael Steinbach, Head of Global Financial Crime and Fraud Prevention, Personal Banking and Wealth, at Citi examines the impact crime can have on institutions.
Learn how:
- Financial crime is a significant challenge for banks, customers and the global economy.
- Why a static fraud solution is ineffective and innovation in fraud prevention is critical.
- Why Nasdaq Verafin is an exceptional partner to this $1.6 trillion financial institution, with potential to significantly reduce their client-side losses.
