Countering Remittance Frauds with an Enterprise-wide Fraud Management Approach
Cybercrime continues to be an unending botheration for banks. While the focus of attempts and attacks until recently, tended to be on the banks’ customers (via card and account detail compromises), of late fraudsters have become more sophisticated and have raised the stakes.
Bank of Ceylon to Combat Sophisticated Financial Crime Threats with CustomerXPs’ Clari5 Real-time Anti-Money Laundering Solution
Recognized as bankers to the nation, and with global operations in Seychelles, Maldives, India and UK, Sri Lanka’s largest bank, Bank of Ceylon (BOC) as part of its enterprise financial crime risk management strategy has chosen CustomerXPs’ Clari5 real-time Anti-Money Laundering solution for combating money laundering threats in real-time.
Upgrade – anti-fraud tech advances
Big data analytics and cloud storage are powering a new generation of counter-fraud tools, yielding fresh insights into deceptive behaviour and may be even wresting some advantage back from the bad actors. [Read More]
How fraud impacts CX in banks
How banking fraud comes in the way of customer experience plus a few tips for superior CX.