Training

The Risk with the Rise of Open Banking and Data Sharing

The Risk with the Rise of Open Banking and Data Sharing

The open banking revolution is quickly gathering momentum. While it has helped increase the operational efficacy of banking and heighten customer experience, the threat of lack of security and privacy looms large. Various types of fraud, including new account opening fraud, is holding back the adoption of open banking. The session will also discuss:

  • The various types of fraud occurring through open banking
  • Modus operandi of the attacker
  • How to spot these type of fraud

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