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Check out how #PingIdentity is working with Boost Bank to make banking easier and more secure for customers, all while stopping AI-driven identity fraud. Read the full story in The Edge Malaysia: https://ow.ly/zxoZ30sGIHM

Check out how #PingIdentity is working with Boost Bank to make banking easier and more secure for customers, all while stopping AI-driven identity fraud. Read the full story in The Edge Malaysia: https://ow.ly/UT8h30sGHbr

Check out how #PingIdentity is working with Boost Bank to make banking easier and more secure for customers, all while stopping AI-driven identity fraud. Read the full story in The Edge Malaysia: https://ow.ly/ZjtK30sGLGh

Check out how #PingIdentity is working with Boost Bank to make banking easier and more secure for customers, all while stopping AI-driven identity fraud. Read the full story in The Edge Malaysia: https://ow.ly/Br3F30sGPOc

Check out how #PingIdentity is working with Boost Bank to make banking easier and more secure for customers, all while stopping AI-driven identity fraud. Read the full story in The Edge Malaysia: https://ow.ly/8QPu30sGJ2R

Check out how #PingIdentity is working with Boost Bank to make banking easier and more secure for customers, all while stopping AI-driven identity fraud. Read the full story in The Edge Malaysia: https://ow.ly/1P2M30sGHg5

🚨 Digital Banking is a hotspot for fraudulent activity: 🔹 56% of risk leaders have seen an increase in fraud. 🔹 47% of fraud cases were account takeover schemes. 🔹 Financial Institutions spend $25m annually combatting fraud. The future requires immediate adoption of advanced fraud prevention technologies to rebuild trust and ensure seamless customer experiences in digital banking. Learn more here ➡️ https://ow.ly/qlvQ50SPw4O. #DigitalBanking #Fraud #FraudPrevention #FraudAwareness

Fraudsters move as fast as technology does, draining billions each year from banks and their customers. But the financial industry isn't standing still, striking back with cutting-edge fraud detection and prevention to stop crime before it starts. See how the latest advancements in identity verification help banks stay a step ahead at https://hubs.la/Q02svlcj0. 🚀 #FinancialCrime #BankingSecurity #FraudPrevention #BlinkID

Banks' digital banking teams are still grappling with the efficacy of facial/video KYC processes, focusing on the nuts and bolts of operations. Meanwhile, technology misuse, such as eKYC spoofing, is posing a larger fraud and financial crime risk than ever before. This must-read article sheds light on what eKYC spoofing is and how to tackle such issues. #eKYCspoofing #Muleaccount #eCDD Kushal Dev thanks for sharing the article

Swift to Launch AI-Powered Fraud Defence to Enhance Cross-Border Payments Jerome Piens, Chief Product Officer at Swift, said: “Bad actors are using increasingly sophisticated tactics to commit financial crime, and the global financial industry needs to raise its defences higher to ensure their customers can continue to transact globally with confidence. Swift has a long track record of supporting our community by staying one step ahead to maintain the security and resilience that our network is known for - and now we’re doing so again by harnessing the latest technology.” https://lnkd.in/e2XDsnEn Kathryn Lynch BNP Paribas Olivier Nautet Nicolas Trimbour Su Yang Standard Bank Group John Mc Hugh #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews