Ep. 23 The future of fraud in financial services

Veriff Voices

04-04-2024 • 26 min

Unlock the secrets to safeguarding financial services in the digital age with insights from Kevin Shine, VP Sales and Partnerships at Fraud.net. He outlines how the evolving fraud landscape is driven by digitization, legacy technology, and data silos. Discover how real-time transactions and regulatory demands are exposing vulnerabilities, and how to harness the power of AI and machine learning to prevent fraud.

[00:26] Intros
[0:58] Kevin's background and Fraud.net
[02:26] The move to real-time transactions and regulatory pressures
[06:32] Digital fraud in financial services
[07:44] Digital transformation challenges
[10:09] Fraud prevention as a differentiator
[12:01] Data sharing and collaboration
[13:13] Types of fraud in financial services
[19:14] Education and customer engagement
[21:16] Balancing user experience and friction
[23:38] The future of fraud in financial services

Learn more on our website: https://www.veriff.com/podcasts/the-evolving-landscape-of-fraud-prevention-in-financial-services.

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