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Experian launches United for Financial Health initiative to help communities most impacted by COVID-19 across Asia Pacific

Experian launches United for Financial Health initiative to help communities most impacted by COVID-19 across Asia Pacific
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Nearly a third of APAC firms favour revenue generation over fraud protection, study says

Nearly a third of APAC firms favour revenue generation over fraud protection
Details
27 May 2021
Companies across Asia Pacific are deprioritising security and fraud prevention, as nearly one-third favour an emphasis on revenue generation. This can increase the risk of an already vulnerable digital ecosystem for consumers across the region, Experian’s new “Global Identity and Fraud Report said. Despite growing fraud risk, there was a 16 percentage point decline in business intention to increase fraud management budgets from June last year to January this year, with 53% expecting to do so in the next six months.
Nonetheless, Experian’s report noted that India (59%) and Australia (57%) are most likely to increase fraud management budgets, followed by Singapore (52%) and Japan (46%). The results show that companies may not realise the same data and tools utilised to improve security and fraud detection also enhance the c ....

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Key Consumer Financial Services Trends Driving The Road To Recovery (Part II)

Wealth products and digital banking are reshaping the future of financial services. ....

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46% of businesses in India saw rise in fraud amid pandemic: Report

More than 45 per cent of businesses in India have seen an increase in fraud amid the pandemic, said a report on Friday.According to data analytics company Experian, despite the growing risk of fraud, 40 per cent of Indian businesses indicate . ....

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Experian plc (via Public) / 46% of businesses in India have seen an increase in fraud during th...

Experian plc (via Public) / 46% of businesses in India have seen an increase in fraud during th...
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