Detect, Deter and Prevent Authorized Fraud Scams
Authorized fraud represents a clear and present danger to the banking system and the trust customers place in their financial institutions (FIs) to protect them and their assets. Consumers have embraced the shift to digital banking and payments for its speed and convenience, but it can represent a breeding ground for fraudsters. Fraudsters and criminals exploit disruption, relying on the pervasive adoption of digital banking and payments to focus their energy of authorized fraud scams and social engineering. Fraudsters are constantly innovating ways to defraud customers and financial institutions, meaning FIs need to work harder to stay ahead and protect their customers and themself. Speakers in this session share a playbook to stopping scams and social engineering, arming attendees with the tools they need to stop fraud.