Learn more about Online Bank Fraud

This year a series of difficult challenges have been faced across the globe. And in terms of online fraud, levels have been grave and unprecedented, as fraudsters sought to exploit the increased use of digital channels such as online shopping as well as the fear and uncertainty everyday life has been shrouded in due to the pandemic.
READ FULL ARTICLE
Banking customer loyalty is formed and maintained when financial institutions can guarantee cardholders two things – the highest level of security for their finances and a continued, frictionless customer experience. 
READ FULL ARTICLE
Apart from the huge health and economic crisis that the COVID-19 pandemic is causing, this situation is deeply affecting the global panorama of cyber threats. This is evidenced by a report carried out by Interpol in which they surveyed 48 member countries and 4 private partners of said institution in relation to the consequences that this pandemic is having on cybercrime.
READ FULL ARTICLE
How do you trust a customer you’ve never met? This is an issue banks contend with every day, as they try to detect and prevent fraud. 
READ FULL ARTICLE
If just a few years ago the figures related to the presence of cyber fraud in companies were somewhere around 15-20%, numbers that were starting to represent a worrisome problem, today the figures have risen to 49% of companies that are affected internationally, according to data from the PWC audit.
READ FULL ARTICLE
Traditional online banking fraud prevention strategies focus on mitigating losses by targeting individual cases of fraud – for example by preventing a bad actor from creating a new account with stolen credentials.
READ FULL ARTICLE
With buguroo’s unique behavioral biometric customer identification capabilities, risky transactions can be rapidly and safely approved or denied, minimizing chargebacks while not getting in the way of legitimate transactions.
READ FULL ARTICLE
A few weeks ago, a 17-year-old young man was arrested by the police for being behind the hacking of more than 130 Twitter accounts, including that of celebrities such as Bill Gates, Jeff Bezos or Elon Musk. This unprecedented hacking created a stir in public opinion and highlighted, once again, the danger we face: cyber fraud.
READ FULL ARTICLE
Individuals living in Latin America have been slower to take to mainstream banking. Culturally, there just doesn’t exist the same level of trust in banks and in digital channels to look after hard-earned money, as arguably exists throughout Europe and the USA. Instead, apart from the operations of larger businesses in the area, a large proportion of the population was used to conducting ...
READ FULL ARTICLE
Traditional criminology treats crime as a simple instrumental process, in which the criminal commits a crime with the objective of obtaining some type of personal benefit. From this perspective, social imbalance and the marginalization of certain groups caused these people to respond by committing crimes with the intention of getting what society had denied them.
READ FULL ARTICLE

Did you like it? Share in your social communities