Financial Institutions Struggle to Meet Customer Expectations in Fighting Authorized Transfer Scams, LexisNexis Risk Solutions Study Finds
July 10, 2024
July 10, 2024
ATLANTA, Georgia, July 10 (TNSres) -- LexisNexis Risk Solutions issued the following news release:
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* Only 50% of organizations have confidence in their ability to stop scammers.
* Sixty-nine percent (69%) find it difficult to break a victim's belief or trust in a scammer.
* Just four percent (4%) of FIs can alert customers to scams involving impersonation of financial services employees within 24 hours.
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Lex . . .
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* Only 50% of organizations have confidence in their ability to stop scammers.
* Sixty-nine percent (69%) find it difficult to break a victim's belief or trust in a scammer.
* Just four percent (4%) of FIs can alert customers to scams involving impersonation of financial services employees within 24 hours.
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Lex . . .