In a new episode of the FinTech Roadmap podcast, we looked at the various forms of fraud currently threatening the financial sector. Our guest was Petr Šich, Business Development Executive for CEE & SEE LexisNexis Risk Solutions a global leader in fraud prevention and risk management.
In the interview, we discussed a wide range of types of financial fraud, including those associated with opening accounts and verifying identity within KYC, romance scams, synthetic identities or sophisticated networks of so-called money mule accounts. Petr shared specific cases from practice, explained the weaknesses of traditional KYC and introduced new standards and technologies that can help companies defend themselves. We also talked about the importance of collaboration across the industry, the specific challenges for different types of companies, and how the acquisition of iDverse enhanced LexisNexis Risk Solutions' digital identity capabilities.
Link to the documents Peter mentions in the podcast:
- eBook “Unmask Deepfakes with the Power of AI”- eBook “The Evolution of Scams”
- eBook “The Evolution of Scams”