Infographic: Banks look to risk orchestration technology to combat rising threat of fraud
The research by global data and analytics company, LexisNexis® Risk Solutions highlighted a concern that criminals are outpacing efforts to protect banks and their customers.
- Four-in-ten (43%) financial services organisations believe the cost-of-living crisis will
lead to an increase in financial crime and fraud
- More than two thirds (69%) of financial services organisations plan to increase
investment in technology to fight the rising threat of financial crime and fraud over
the next 12 months
- 59% of financial services organisations such as banks and fintechs are prioritising
financial crime and fraud risk orchestration platforms to better protect customers
and their operation
Take a look at this free research to learn what banks are doing to fight fraud and protect their business and clients.
Brought to you by LexisNexis Risk Solutions