Bank fraud in Canada is on the rise; the rate of suspected digital fraud attempts against financial services companies increased 218% from the last four months of 2020 to the first four months of 2021. Traditionally, banks have worked individually to fight fraud, combing only through their own data. But recent research increasingly proves that it takes a network to defeat a network – and that fraud-focused collaboration could collectively save the top seven Canadian banks more than CA$1B.
Join Aite-Novarica Group Strategic Advisor Tari Schreider, IBM Payment Center Financial Crimes Associate Partner Neil Ringwood, VIDOCQ Partner Dr. Pierre-Luc Pomerleau, PricewaterhouseCoopers Partner Vikas Agarwal, and Duality Technologies Head of Strategy Ronen Cohen for this live webinar exploring the collaborative approach, which can future-proof banks’ fraud detection, and an interactive discussion on how Canadian banks can securely share data within their ecosystem to catch fraudsters missed by other fraud detection methods.