The rapid growth of fraud in payment is a major concern for financial institutions as global business is based on trust. Fraudsters are clever and are able to quickly target unknown security breaches to succeed.In a forthcoming webinar, analysts Frost & Sullivan will focus on innovative ways to fight against fraud and discuss the latest trends in payment fraud.
Payment is in the heart of business activities. Unfortunately, banks and financial institutions have to face growing fraud. This online conference will explain more about the last trends from key players and the best way to protect payment processes. It will be followed by a live question-answer session.
WHEN: Thursday, November 12, 2015
TIME: 3:00 pm GMT
LOCATION: Online, with complimentary registration
PRESENTERS: Jean-Noel Georges, Global Program Director at Frost & Sullivan and guest speakers David Noel-Nardin, Product Marketing Director at Gemalto and Mark Goldspink, CEO at The AI Corporation.
This analyst briefing will provide a pragmatic view of current consumer perspectives. In particular, this presentation will help to:
– Learn about recent payment fraud
– Identify the existing and innovative solutions to fight against fraud
– Hear the proposed answers from key market stakeholders
“Payment is the crux of the matter in all businesses activities. As a result, it needs to be perfectly secure. Fraudsters are active where the money is and will naturally adapt their attacks to the payment system. In this webinar, we will focus on two innovative ways to fight against fraud when Cards are Not Present (CNP) and in real time,” says Jean-Noel Georges, global program director at Frost & Sullivan.
Globally, in 2016, payment cards will reach 2,866.9 million units, most of these cards will be contactless cards (47.5%). According to the European Central Bank (ECB) in 2013, 66% of the value of fraud was resulted from card-not-present (CNP) payments. This is the reason why banks and financial institutions need to adapt their strategy by using innovative solutions.
To register for this complimentary web conference please, email Edyta Grabowska, Corporate Communications, at edyta.grabowska@frost.com. You may also receive a recorded version of the briefing at anytime by submitting your contact details.
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