Infographic: Banks look to risk orchestration technology to combat rising threat of fraud
The research by global data and analytics company, LexisNexis® Risk Solutions highlighted a concern that criminals are outpacing efforts to protect banks and their customers.
- Four-in-ten (43%) financial services organisations believe the cost-of-living crisis will lead to an increase in financial crime and fraud
- More than two thirds (69%) of financial services organisations plan to increase investment in technology to fight the rising threat of financial crime and fraud over the next 12 months
- 59% of financial services organisations such as banks and fintechs are prioritising financial crime and fraud risk orchestration platforms to better protect customers and their operation
Take a look at this free research to learn what banks are doing to fight fraud and protect their business and clients.
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