Fraud in financial services is a massive problem. According to NASDAQ, in 2023, banks faced $442 billion in projected losses from payments, checks, and credit…
Fraud in financial services is a massive problem. According to NASDAQ, in 2023, banks faced $442 billion in projected losses from payments, checks, and credit card fraud. It’s not just about the money, though. Fraud can tarnish a company’s reputation and frustrate customers when legitimate purchases are blocked. This is called a false positive. Unfortunately, these errors happen more often than…
