A Customer Centric Approach to Security

Image source: Google Images

Image source: Google Images

As payments continue to innovate, so do the methods fraudsters utilize to exploit vulnerabilities. For example, according to the 2015 Association for Financial Professionals Payments Fraud and Control Survey, 62% of companies were targets of payments fraud in 2014. These prolific attacks have combined with the following trends to force banks to take a serious look at the security and protection measures currently in place:

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