Inter-bank privacy enhanced information sharing: fraud detection and prevention




Inter-bank privacy enhanced information sharing: fraud detection and prevention – FinTech Futures Inter-bank privacy enhanced information sharing: fraud detection and prevention



























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Bank fraud is a growing epidemic that has spread to financial institutions throughout the world.

This report makes a business case for the use of privacy-enhancing technologies that enable banks to share customer account and device information, thus raising the maturity of their fraud detection and prevention capability.

Key takeaways from the research and analysis:

  • The anonymity of digital banking has changed the landscape of financial crime.
  • Bank data sharing needs to extend beyond government agencies and third-party clearing houses to effectively combat fraud.
  • Privacy-enhancing technology is the ideal enabler of decentralized inter-bank information sharing, encrypting shared data while allowing the underlying account and device data to be queried and analyzed. Read now to learn more.

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Tags: Artificial Intelligence/AI, Banking, Consumer/Personal Finance, Cybersecurity, Financial Services/Finserv Duality Technologies, fintech, fraud detection, privacy BankingTech, FinTech, LendTech, PayTech, RegTech, WealthTech Intelligence, News, White Papers Worldwide


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