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.
Please contact the FinTech Futures team to gain access to this free infographic.
Brought to you by LexisNexis Risk Solutions