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The Impact of Technology on Fraud Prevention

The Impact of Technology on Fraud Prevention

Uncovering Hidden Risks and Minimizing Losses

Uncovering Hidden Risks and Minimizing Losses

Statistics show most fraudsters are first-time offenders and collusion leads to greater losses. Nearly 6 out of 10 companies targeted are never able to recover their losses.

Innovative financial services teams have begun to turn the tide, by using technology as a tool for fraud protection. Screening for risk factors and learning early warning signs, they uncover fraud cases more quickly and significantly reduce losses.

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