📣 Important Update on Combating #SMSFraud GLF - a techoraco brand and i3Forum have introduced a comprehensive industry framework to combat SMS fraud. The key principles include: 1️⃣ Target and Monitoring: Set targets for fraud prevention and include them in management reporting. 2️⃣ Processes: Follow i3Forum’s recommended processes to detect and avoid fraud. 3️⃣ Blocking: Block identified fraudulent numbers and ranges. 4️⃣ Payment Flows: Prevent payment flows to fraud instigators. 5️⃣ Reporting: Share information on suspicious traffic flows with upstream and downstream parties. At AB Handshake, we fully support this holistic approach. Addressing #SMSfraud requires a concerted effort and a combination of advanced technologies and industry collaboration. This framework is a step in the right direction to ensure secure and reliable #SMS communications. We’re excited to discuss this and other topics with you, so feel free to reach out with any questions! #AntiFraudNews #abhandshake #antifraud #fraudprevention #fraudmanagement #fraudprotection #frauddetection #ai #callvalidation #realtimevalidation
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Fraud happens fast, and NICE Actimize helps you stay ahead. Powered by AI, Xceed Fraud offers rapid detection and prevention, ensuring your institution catches threats early. Midsize to smaller financial institutions can now access the powerful fraud protection they need, with flexibility, agility and at the scale they require. https://bit.ly/3Y7WAj0 #fraudprevention #xceedfraud #SMBbanking
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Fraud happens fast, and NICE Actimize helps you stay ahead. Powered by AI, Xceed Fraud offers rapid detection and prevention, ensuring your institution catches threats early. Midsize to smaller financial institutions can now access the powerful fraud protection they need, with flexibility, agility and at the scale they require. https://bit.ly/3Y7WAj0 #fraudprevention #xceedfraud #SMBbanking
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