One-Third of Monthly Transactions for FIs and Online Lenders Are Fraudulent

Fraud remains a significant problem for financial services to solve, especially as digital and #online banking becomes more prevalent in the industry. For the average FI and online lender, approximately one-third of all #monthly #transactions will be #fraudulent. This is according to the 2017 True Cost of Fraud survey by LexisNexis Risk Solutions, released last […]
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