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Category: Blog

Banking industry suffered $2.2 billion in fraud losses in 2016

Posted on July 14, 2017February 4, 2021 by adamji

Losses due to fraud in the banking industry rose to $2.2 billion in 2016, up 16 percent from 2014

Posted in BlogLeave a Comment on Banking industry suffered $2.2 billion in fraud losses in 2016

Bank customers lose half a billion pounds to scams in 2018

Posted on July 14, 2017February 4, 2021 by adamji

The total amount stolen in purchase scams was £19.4m across 21,483 cases. Investment fraud resulted in £20.9m of losses

Posted in BlogLeave a Comment on Bank customers lose half a billion pounds to scams in 2018

AI-Based Fraud Detection in Banking

Posted on July 14, 2017February 4, 2021 by adamji

Banks can use predictive analytics-based fraud detection software to detect fraud

Posted in BlogLeave a Comment on AI-Based Fraud Detection in Banking

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