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10 Bank Technology Trends to Follow for 2024

South State Correspondent

Enterprise Continuous Threat Exposure Management While many banks are advanced in managing their ongoing exposure management, the pace of change is causing banks to rethink their cyber defense. The underlying point here is that banks have traditionally used fraud data on an ad hoc basis.

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Contactless Payments Fraud – A Sleeping Lion in a Trillion-Pound Market

FICO

trillion by 2028. If we look at the current numbers against the wider backdrop of card fraud, they are fairly low in comparison. For example, in the UK, data from UK Finance revealed that in 2020 there was a total of £574 million lost through card fraud. Of this, only £16 million represented contactless payment fraud.

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