Banks intensify scrutiny on new accounts to combat mule activities, adapting to evolving fraud tactics like forming private companies. Vigilant measures include verification visits, latitude data, and washout logic analysis to deter money laundering and digital frauds in the financial system.
Banks provide an enabling environment to measure, manage, and mitigate various risks; and the interest rates levied by these entities…
CDK, which provides software to car dealerships, briefly shut down all its systems on Wednesday, June 19, saying it was…
According to a Gartner report, businesses are investing more in security to tackle persistent challenges such as ransomware attacks, data…