There are numerous ways for fraudsters to penetrate digital bankin g systems and carry out thefts, often thanks to poor security awareness among ban king customers, who write down passwords or can be ...

The window for stopping a fraudulent transaction is tiny – less than a second – so storing key data across a number of slow-to-access databases defeats the purpose of stopping criminals. Effective ...

To secure themselves against fraud via digital channels, banks need to identify and address the areas where they are vulnerable. These include ensuring that basic IT security precautions are in ...

Etienne from Strasbourg, Dedia from Kinshasa, and Chengfeng from Singapore have all eschewed the corporate life in favor of working for the young FinTech NetGuardians. They tell Sophy Buckley why. ...

The Monetary Authority of Singapore (MAS) has issued an advisory on the 6th April 2018 to remind financial institutions to remain vigilant, following recent reports of cyber incidents where hackers ...

Traditional controls catch less than one percent of the trillions laundered each year. Fortunately, banks now have access to new tools to increase detection, protect their reputations and avoid ...

As the finance industry braces itself for a revolution in data access, mobile banking and artificial intelligence, Julien Loisy highlights the cyber fraud trends banks will face in 2018 and how they ...

When combined with other anti-fraud measures, machine learning improves detection by a factor of five. The more data computers analyze, the better they will become at spotting fraudulent behavior, ...

Fraud Awareness Week International Fraud Awareness Week took place between 12-18 November 2017. In order to promote anti-fraud awareness, the NetGuardians Team organized a fraud week draw.

A commodities downturn and increased regulatory scrutiny are threatening the growth of banking in Africa. Banks should respond by investing in compliance systems and people, writes John Kiptum At a ...