Fraud moves at a rapid pace. To stop it, it needs to be detected quickly and in real time. Every second counts, especially since missing even one small sign can prove to be costly. Businesses need to stay one step ahead of fraudsters – they are unforgiving, swift and agile, and it can be challenging to react quickly and effectively. Fraudsters seek to take money from consumers before organisations even realise it but it can be prevented by integrating Enterprise Fraud Management (EFM) and Anti-Money Laundering (AML) capabilities across people and processes.
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