Banking and Finance: ‘Antiquated technology’ scuppering fraud threat response at over three quarters of retail banks

07 Jun 2023 12:33 PM | Anonymous member (Administrator)

Retail banks worldwide are struggling to upgrade their defences against fraud despite the increasing threat of financial crime.

According to data collected for BioCatch, 78 per cent of financial firms worldwide are concerned about their ability to respond to emerging fraud threats quickly and effectively.

https://www.cityam.com/antiquated-technology-scuppering-fraud-threat-response-at-over-three-quarters-of-retail-banks/


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