Account Takeover Fraud , Anti-Money Laundering (AML) , Cybercrime
Faster Lives Need Faster Payments: Where Do Midmarket and Small Banks Stand?
As consumer and corporate demand for faster and real-time payments (RTP) continues to grow, mid-size and small financial institutions need to respond to remain competitive. Faster payments have become a necessity in a fast-paced society with consumers and businesses willing to switch FIs to gain access.
As the world has sped up so have financial crimes. Fraudsters are quick to adapt their schemes and take advantage of changing payment channels. FIs must be even faster to stay ahead of the curve and prevent faster payments fraud.
Watch this interview to learn how:
- The faster payments space is changing
- Fraudsters are leveraging faster payments
- To secure faster payments channels