The shift of banking to digital channels is also creating a revolution in banking fraud.

About this eBook

As digital channels have multiplied, so have the routes that fraudsters can use. And their options are about to expand again with the implementation of Open Banking and the coming into effect of Europe’s second Payment Services Directive (PSD2).

Against that troubling background, this paper examines the best practices for an effective technology-based prevention.

Download this eBook to understand:

• Latest digital banking fraud case studies
• The looming challenges of Open Banking & PSD2
• The risks: how and where cyber fraud happens
• Your weaknesses: the three C's- customers, controls, and culture
• The case for technology: eight reasons why it wins
• Outlines for a tech-led solution: behavioral data analytics hold the key