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.
Veteran Nadav Zafrir will become its new chief executive starting in December. Gil Shwed, the company’s current CEO and founder,…
“There are several ideas from ‘white knights’ to collaborate … there are creative ways to do this rather than acquiring…
The top concern among survey participants was payment fraud of various types. Forty-four percent were worried about unauthorized transactions or…