With the first quarter of 2019 behind us, we're starting to get a better picture of the trends that will define this year's card fraud narrative. Of course, with eight months left in the year, there's plenty of time for new threats to emerge across the card fraud ecosystem.
The real question on every financial institution leader's mind is how they can get ahead of the fraud trends in order to reduce their fraud losses, reissuance costs — all while minimizing customer impact. The number of data breaches isn't increasing, but the impact of them certainly is. That's why it's so imperative to get ahead of the next big threat.
Rippleshot Co-Founder Canh Tran will share his take on the latest card fraud trends in a webinar with the ABA on Thursday, May 2 at 2 p.m. EST. Topics covered in this webinar include:
Banks are certainly getting better at fighting fraud. Nevertheless, fraudsters are getting smarter and acting faster. Card fraud is up again in 2019, with a substantial amount due to compromised cards. How does your bank's fraud prevention performance compare with its peers? Is your fraud team equipped for today's challenges? In this webinar, Tran will share his take on 2019's fraud trends, what fraud teams should be looking for and how banks can proactively get ahead of these threats.
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