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How does your software detect and prevent banking fraud?

Posted 3+ months ago | 1 answers | | Open

Related topics: software, banking, fraud

Answer posted by just a person 3+ months ago: Banks and financial institutions use AI and ML to detect various forms of fraud, including account takeover, money laundering, and insider trading. These systems monitor transaction data, user behavior, and market conditions to identify suspicious activities.

How secure are digital payment solutions from potential cyber threats such as hacking and fraud?

Posted 3+ months ago | 1 answers | | Open

Related topics: digital, solution, cyber, payment, hacking, fraud

Answer posted by pelorustech 3+ months ago: Mobile payments can be vulnerable to different types of fraud, malware, data breaches, and other cyber-attacks. By understanding the different types of mobile payment security

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