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How banks are combining technology and education to combat fraud Register for our upcoming webinar with BioCatch, to join us on Tuesday 27 July 2021 at 15:00 BST as our panel of industry experts discuss how banks can better educate and inform their customers about the risks they face online.
Social engineering scams are becoming more sophisticated and increasing in frequency across the globe. Having evolved from traditional forms of account takeover fraud into much more elaborate and convincing operations, identifying and preventing these new digital threats through consumer education is becoming more essential than ever for financial institutions.
UK Finance recently found that over two thirds of all authorised push payment (APP) scams start online and announced a change to reimbursing rules which would extend banks the autonomy to individually pay back fraud cases to their customers. This progress reflects the wider industry momentum toward b
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