Understanding The Diverse Fraud Types and Strategies for Preventing Bank Fraud.
in IT StaffsAbout this course
When it comes to combatting fraud, money laundering and other abuses of the financial services infrastructure, the banking industry can claim a good track record, although major incidents can and do occur. The problem today is that the challenge of maintaining this level of success is becoming much harder.
The nature of financial crime is constantly changing and is growing increasingly complex. This difficulty the industry faces in keeping track of this moving target is compounded by the ongoing changes in the banking business, where financial institutions are constantly altering their structure through mergers and divestments. At the same time, the demands of regulators and customers to stay in control of the financial services infrastructure are increasing and banks are expected to be more proactive than ever in combatting crime. Regulators in the US and Europe want more guarantees of integrity and are increasingly prepared to hand out fines and jail time to those responsible for failures in the system.
Requirements
A PC
