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Security

What was on top of the agenda at Davos this year? Concern over emerging technologies!
There are definitely pluses and minuses to both the consumer and the banks in terms of safety and credit
About 94 percent of financial services companies have experienced fraud
The FBI noted that these scams have increased 136% worldwide from December 2016 to May 2018
Picks Boston Consulting Group to produce research
Task force focused on payment lifecycles. Work groups will follow
Boston Fed’s Montgomery to head anti-fraud effort
State issues revision with 30-day comment period
Communication with clients and staff training are critical
U.S. companies, however, lag behind European counterparts
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