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Brankas introduces advanced fraud detection in its Open Finance solutions through new strategic partnership with Element - Vimarsana News

Brankas introduces advanced fraud detection in its Open Finance solutions through new strategic partnership with Element

SINGAPORE, Jan. 26, 2023 /PRNewswire/ --Brankas,the leading global open finance technology provider, and Element Inc , the privacy-led, modern AI pioneer in digital identity services, today announced a strategic partnership to introduce an additional layer of security to detect potential frauds. In Southeast Asia, one in every three people experienced online fraud amidst this digital transformation last year. Meanwhile, online fraud emerged as a top critical enterprise risk for Southeast Asia-based businesses. This was on top of the US$260 million that they already lost in 2019 to digital frau...