Policy Manager for customizable automated fraud detection
Madrid, Spain – 17 November 2020 New capability allows banks to utilize forensic fraud signifiers to automatically identify fraudsters and prevent online banking fraud
How criminals use mule accounts to launder money
Banks are shutting down tens of thousands of accounts every year due to suspected finantial fraud; on average, Santander closes down 24,000 accounts each year, and just under half of all those are suspected mule accounts – a huge proportion.