Clari5

Blog

Browse through our repository of best practices to learn how Clari5 can help your bank stay ahead of the fight against financial crime.

Blog

Dealing with Digital Friction in Uncertain Times

The pandemic has been having a mammoth socio-economic impact on almost every conceivable aspect and the banking sector too has not been immune. The crisis has put certain critical aspects of the banking universe in the spotlight, including that of customer experience – a vital factor during extreme times.

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Blog

Fraud Risk Management 101: Top 5 Fraud Prevention Best Practices in Banking

As per ACFE’s last Report to the Nations, fraud is a staggering $ 4 trillion global problem – a size and scale astronomical enough for every bank to seriously rethink their entire fraud risk management approach. Let’s take a look at the top 5 implementable best practices that make for the foundation of a robust banking enterprise anti-fraud framework.

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Blog

Is Open Banking More Open to Fraud?

Open banking (under the European Union’s Revised Payment Services Directive or PSD2), means third parties can link up to customers’ accounts, provided the customer consents. With data-sharing as the central feature, open banking is designed to encourage higher product and service innovation, make it easier for non-banks to participate and streamline user experience.

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