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As payments evolve, so must the way we fight fraudsters. Detecting and preventing fraud, as well as managing anti-fraud operations is becoming more complex. Systems are quickly outgrowing their data capacity and innovative banking products introduce new types of data at a faster pace. As fraudsters become more agile and sophisticated, so must fraud management solutions. It’s no longer a want, but a must for FIs to have advanced data-driven analytics to fight fraud.
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