As financial institutions implement more robust controls against schemes such as wire fraud, criminals respond by evolving their tactics and efforts against more vulnerable customer segments. With the rise in Authorized Push Payments (APP) scams, and the migration of risk to the receiving side of a transaction, the threat of wire fraud scenarios to financial institutions is considerable — and seeing the complete picture of customer transactions and risk is more important than ever.
Download the slide deck to learn about:
- Consortium-based data in the Cloud
- Wire Fraud Benchmarking Report insights
- Trends over time
- Value, volume and occurrence
- Statistics by segment
- Destination states and countries
- Quarterly transaction statistics
- Basis points
- Wire fraud case study
