Banks Can Boost Fraud Detection by More Than Ten-fold Through Better Collaboration, Research Shows

Just one in four (27%) financial service and online retail businesses in EMEA currently employ consortia or fraud insight exchange initiatives Top US card issuer combined digital identity, email and physical data to boost high-risk transaction detection by a factor of 23ATLANTA, Nov. 19, 2024 /PRNewswire/ -- Banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk fraudulent transactions through combining shared fraud intelligence into their risk assessments, a ...