Financial Crime and Fraud Causes +$1 Trillion in Losses Annually
Topic : financial services | other
Financial crimes are reaching unprecedented levels — nearly $1 trillion total losses in the US alone in 2023, according to a new IDC Spotlight paper. Digital banking has made it easier to get away with synthetic identity fraud and cryptocurrency-related schemes.
To stay ahead, financial institutions need help. Read the IDC Spotlight paper, sponsored by TaskUs: “Using Compliance Services Solutions to Counteract Bank Fraud and Financial Crime,” to explore the latest trends in fraud prevention and how partners combine GenAI and human experts to help detect and prevent future threats.
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