Biometric Update’s Post

Protecting financial institutions means protecting people. ThreatMark is using $23M in funding to ensure that banks of all sizes have access to advanced fraud disruption tools. Read the story https://lnkd.in/dtvtjn2Y

Check fraud continues to challenge the financial industry, costing $2.8 billion annually. Financial institutions need to adopt advanced technology to stay ahead of increasingly sophisticated fraud tactics, including automated verification and AI-driven detection. Leveraging the right solutions can optimize labor and improve fraud detection accuracy. #CheckFraud #FinancialServices #FraudPrevention https://hubs.la/Q02TR7xN0

Step into the complex world of money laundering as we demystify the terminology behind the tactics criminals use to exploit financial systems. Understanding these key terms is essential for sharpening your skills in identifying suspicious activity. Join us in the global fight against financial crime, and let’s build a safer financial landscape together! Learn more at idenfodirect.com #StayInformed #FightFraud #StaySafe #IdentityVerification #SecurityTechnology #IdenfoInnovation #amlsolutions #OnlineSafety #TechSolution #IdenfoDirect #amlcompliance

Porting fraud poses a significant threat to financial services. Learn how it can impact your business and what you can do to prevent it. Watch our video for crucial insights! https://bit.ly/3VGaA0V #FraudPrevention #FinancialServices

Are you worried about #compliance with Joint Standard 1:2023? Many financial institutions face challenges in understanding the new requirements and readying their business. Join our webinar tomorrow with the Cyberlogic team as they break down the complexities of #JointStandard. Register here: https://bit.ly/4dUJzxY | Wilmari Strachan | Priyanka Raath | Francois Kriel

Curious about the DORA regulation looming over financial institutions? 💼🔒 We caught up with our security guru Arūnas to dissect the complexities and challenges ahead. Here are the top 10 hurdles companies might encounter on their journey to compliance 👇 Ready to dive deeper into this critical topic? Click the link to learn more about DORA regulation - https://lnkd.in/dQ2ZFBgV #EnjoyIT #BalticAmadeus #DORA

With fraud evolving rapidly, financial institutions need a robust, proactive defense.

Scams and fraud are on the rise, and advanced technology can make them harder to detect. This week, Financial Coach Charlestien shares a few tips on how to recognize and possibly avoid falling victim to these bad actors. Read more: https://lnkd.in/gkpwBAY8

As AI-driven fraud surges in wealth management, leading financial institutions are taking action. Learn how one of the world's largest banks is leveraging Reality Defender to protect their high-net-worth clients and contact center agents from sophisticated deepfake impersonation attempts. See how our innovative solutions are helping this tier-one institution protect critical financial channels while empowering their employees to engage with confidence in an AI-powered world.

Moody's latest eBook examines how the public sector can adopt effective fraud prevention measures by embracing advanced technology, high quality data and public-private sector partnerships. I believe these strategies can empower government bodies to establish strong safeguards against financial crime.   Get your copy of the eBook and take your first step towards a secure financial landscape. https://lnkd.in/d5rVa__2   #FRAML #Fraud #Technology #Moodys #FinancialCrime #PublicSector #AdvancedTechnology