Digital banking has become the single most effective channel for financial institutions to drive growth, increase revenue and attract new customers. Yet, it also introduces more risk, and cybercriminals are following the money right into the online account opening process.
Today, a staggering 85% of financial institutions experience fraud in the account opening process5, a problem that is increasingly difficult to detect when there is no prior profile or relationship with the customer. So how can you trust a customer you have never seen before?
Access the white paper to reveal:
The top emerging security risks in the account opening process
At the heart of every cyberattack is an element of social engineering. From more common attacks, such as phishing, to more sophisticated attacks, such as authorized push payments and voice scams, cybercriminals have impersonation of our most-trusted institutions down to a science. This e-book explores how behavioral insights provide a significant new opportunity for detecting scams and how financial institutions were able to reduce social engineering fraud without impacting the customer experience.
Digital channel adoption is soaring, yet fraud remains a persistent problem that continues to chip away at the bottom line. Developing an effective payment fraud
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March 29, 2021
March 31, 2021
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In this interview with ISMG, Dalgleish discusses:
Mobile adoption and fraud trends;
Growth in account takeover;
The expanding role of behavioral biometrics in authentication and fraud prevention.
Dalgleish is a fraud prevention expert with over 15 years of experience. He has worked with businesses in over 20 countries to implement effective fraud prevention systems and strategies. Prior to his role at BioCatch, Tim led the APAC technical teams for both ThreatMetrix and RSA Security. Tim also spent 10 years at ANZ Bank and GE, leading various fraud prevention functions. Tim has spoken at many forums including the Visa Risk Summit, RSA Conference and Money 20/20. Tim studied in Melbourne, Australia, competing a BSc. and MBA.