The worlds largest banks look a lot alike, so why is there such a huge gap in performance when it comes to coronavirus fraud?
Hundreds of thousands of employees – check!
Global presence – check!
Billions spend on IT infrastructure – check!
All the large, global banks look a lot alike. Until it comes to coronavirus fraud, that is. And as bank fraud spikes amidst the Covid-19 quarantines, we’re seeing big differences in performance between the institutions with fraud prevention that’s strong and those where it is not so much.
Click to learn more about Fraud.net’s machine learning and collective intelligence.