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Fraud detection strategies not up to scratch

Fraud detection strategies not up to scratch
Fraud detection strategies not up to scratch
13 July 2021 6:04AM
Australian businesses, including financial institutions, make only limited use of best practice fraud detection and mitigation systems, and many organisations are still relying on manual processes, according to a new report.
Business information and analytics company LexisNexis surveyed executives responsible for fraud protection at more than 100 Australian companies in the financial services, retail and e-commerce industries for its report, Risk Solutions 2021 True Cost of Fraud APAC Study.
It found that the recent strong growth in mobile and online banking and shopping has contributed to an increase in fraud. Detection and mitigation practices have not kept up. ....

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Investegate |Merit Group PLC Announcements | Merit Group PLC: Preliminary Results

Investegate |Merit Group PLC Announcements | Merit Group PLC: Preliminary Results
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