Technology solutions and services leader Magnus Corporation Ltd. recently announced that it has inked a strategic partnership with CustomerXPs for taking their acclaimed real-time EFCRM product to Bangla Desh banks. The companies will work together on providing banks with extreme real-time intelligence for preventing fraud and money laundering attempts. Read More
Attended by industry stalwarts and with the theme ‘Security at Scale’, DSCI’s 11th Best Practices Meet featured building capacities in data security. CustomerXPs CEO Rivi Varghese spoke about how banks can combat payment frauds to mitigate transaction risk and augment the payment experience.
DSCI’s recently concluded 11th Best Practices Meet (BPM) conference featured deep-dive deliberations on ‘Security at Scale’. The two-day conference focused on building capacities in security technologies, data protection on cloud, next-generation network security, malware analysis and APT defense, digital investigation, and advanced forensics. Rivi Varghese, Founder & CEO, CustomerXPs, addressed the plenary session on ‘Firefighting Payment Frauds’, where he spoke about how banks can assuage transaction risk and augment the payment experience.
DSCI’s Best Practices Meets are cybersecurity-focused conferences that see active participation from core technologists, practitioners, and users of security technologies.
Payments fraud is expected to top $22 bn this year. Here’s a quick look at the trends and factors driving the menace.
Cross-border payments form an enormous chunk of transnational cash flow. However, the boon has not been without a bane – the risk of fraud.