LOWVulnerability
Global
Understanding the Hidden Cost of Faster Payments
·Source: Bank Info Security
Updated:
Executive Summary
As Regulators Tighten Liability Rules, Banks Face Pressure to Justify Fraud Losses So far, banks have managed to strike a balance between fraud prevention and customer convenience, often accepting a certain level of loss rather than
Analysis
As Regulators Tighten Liability Rules, Banks Face Pressure to Justify Fraud Losses So far, banks have managed to strike a balance between fraud prevention and customer convenience, often accepting a certain level of loss rather than introducing controls that could slow payments, increase false declines or drive customers to competitors.