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Cost of Fraud in Asia-Pacific Markets is High According to LexisNexis Risk Solutions Study

Share this article Share this article Verifying Identity and Determining Transaction Origination are Common Challenges Across Australia, Hong Kong, Japan and India HONG KONG, July 6, 2021 /PRNewswire/  LexisNexis® Risk Solutions today released its 2021 True Cost of Fraud™ APAC Study covering the retail, ecommerce, financial services and lending sectors for Australia, Hong Kong, India and Japan. The study provides a snapshot of fraud trends in the Asia Pacific (APAC) region during the pandemic and spotlights key pain points for firms in relation to navigating new payment mechanisms, transacting through online and mobile channels and expanding internationally. The cost of fraud for retail, ecommerce and financial institutions in the surveyed markets is high.

Accuity Wins the 2021 Technoviti Award for Technology Innovation in Financial Services

Accuity Wins the 2021 Technoviti Award for Technology Innovation in Financial Services Firco Compliance Link Recognised for Automated and Scalable Approach to Financial Crime Compliance Screening News provided by Share this article Share this article SINGAPORE, May 5, 2021 /PRNewswire/ Accuity, a LexisNexis Risk Solutions company and leading provider of financial crime compliance, payments and financial counterparty know your customer solutions, won the 2021 Technoviti Award for technology innovation in financial services for its Firco Compliance Link solution. The 2021 Technoviti Awards, organised by Banking Frontiers magazine, recognise the most effective innovations that aim to redefine the future of financial services and the technologies that power them.

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