The New Solutions for Financial Crimes Compliance Management (FCCM)
The methods for perpetrating fraud are continually evolving, so an effective approach for fighting fraud must change with the times. Ajay Katara discusses further why banks must adopt newer technologies to prevent and detect financial crimes.
With the dawn of the digital age, financial crimes against banks are increasing at a rapid pace. Though the banks are investing in this space to contain them, the financial crimes compliance management (FCCM) processes continue to add sizeable costs to banking…
