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Banks and fintechs need to share data to combat first-party fraud

The banking industry needs regulators to rethink certain privacy-related rules that have the unintended effect of enabling first-party fraudsters, writes Eric Woodward. Read more:- https://www.americanbanker.com/opinion/banks-and-fintechs-need-to-share-data-to-combat-first-party-fraud
Banks and fintechs need to share data to combat first-party fraud The banking industry needs regulators to rethink certain privacy-related rules that have the unintended effect of enabling first-party fraudsters, writes Eric Woodward. Read more:- https://www.americanbanker.com/opinion/banks-and-fintechs-need-to-share-data-to-combat-first-party-fraud
WWW.AMERICANBANKER.COM
Banks and fintechs need to share data to combat first-party fraud
False transaction disputes and other individual-level financial fraud cost the industry billions. It's time to join forces and even the odds.
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