pages.gi-de.com Open in urlscan Pro
199.60.103.227  Public Scan

Submitted URL: https://news.gi-de.com/e3t/Ctc/ZR+113/ctwjJ04/VW8F1460059KW6MpB5C3vbQflW7Pgndt5f8bhLMrH-Tb3qg1qW7Y8-PT6lZ3pYMDh1byL_t3c...
Effective URL: https://pages.gi-de.com/making-banking-and-payments-fraud-smart?utm_term=payments_fraud&utm_campaign=subscriber_newslett...
Submission: On May 17 via manual from LU — Scanned from DE

Form analysis 1 forms found in the DOM

POST https://forms.hsforms.com/submissions/v3/public/submit/formsnext/multipart/4016233/d0f91e4d-00fb-4edb-822f-e6877ec4aa43

<form id="hsForm_d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" method="POST" accept-charset="UTF-8" enctype="multipart/form-data" novalidate=""
  action="https://forms.hsforms.com/submissions/v3/public/submit/formsnext/multipart/4016233/d0f91e4d-00fb-4edb-822f-e6877ec4aa43"
  class="hs-form-private hsForm_d0f91e4d-00fb-4edb-822f-e6877ec4aa43 hs-form-d0f91e4d-00fb-4edb-822f-e6877ec4aa43 hs-form-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_3e92bf13-968d-493f-95dd-caef67e37f5e hs-form stacked hs-custom-form"
  target="target_iframe_d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" data-instance-id="3e92bf13-968d-493f-95dd-caef67e37f5e" data-form-id="d0f91e4d-00fb-4edb-822f-e6877ec4aa43" data-portal-id="4016233"
  data-test-id="hsForm_d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314">
  <fieldset class="form-columns-1">
    <div class="hs_salutation hs-salutation hs-fieldtype-select field hs-form-field"><label id="label-salutation-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" class="" placeholder="Enter your Salutation"
        for="salutation-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314"><span>Salutation</span><span class="hs-form-required">*</span></label>
      <legend class="hs-field-desc" style="display: none;"></legend>
      <div class="input"><select id="salutation-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" required="" class="hs-input is-placeholder" name="salutation" style="display: none;">
          <option disabled="" value="">Salutation*</option>
          <option value="1">Mr.</option>
          <option value="2">Ms.</option>
          <option value="3">Mx.</option>
        </select></div><button class="select-selected placeholder" onclick="hsForm.select.divClicked(this);event.preventDefault();">Salutation*</button>
      <div class="select-items select-hide"><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Mr.</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();"
          class="select-option">Ms.</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Mx.</button></div>
    </div>
  </fieldset>
  <fieldset class="form-columns-2">
    <div class="hs_firstname hs-firstname hs-fieldtype-text field hs-form-field"><label id="label-firstname-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" class="" placeholder="Enter your First name"
        for="firstname-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314"><span>First name</span><span class="hs-form-required">*</span></label>
      <legend class="hs-field-desc" style="display: none;"></legend>
      <div class="input"><input id="firstname-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" name="firstname" required="" placeholder="First name*" type="text" class="hs-input" inputmode="text" autocomplete="given-name" value=""></div>
    </div>
    <div class="hs_lastname hs-lastname hs-fieldtype-text field hs-form-field"><label id="label-lastname-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" class="" placeholder="Enter your Last name"
        for="lastname-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314"><span>Last name</span><span class="hs-form-required">*</span></label>
      <legend class="hs-field-desc" style="display: none;"></legend>
      <div class="input"><input id="lastname-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" name="lastname" required="" placeholder="Last name*" type="text" class="hs-input" inputmode="text" autocomplete="family-name" value=""></div>
    </div>
  </fieldset>
  <fieldset class="form-columns-2">
    <div class="hs_company hs-company hs-fieldtype-text field hs-form-field"><label id="label-company-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" class="" placeholder="Enter your Company name"
        for="company-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314"><span>Company name</span><span class="hs-form-required">*</span></label>
      <legend class="hs-field-desc" style="display: none;"></legend>
      <div class="input"><input id="company-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" name="company" required="" placeholder="Company name*" type="text" class="hs-input" inputmode="text" autocomplete="organization" value=""></div>
    </div>
    <div class="hs_email hs-email hs-fieldtype-text field hs-form-field"><label id="label-email-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" class="" placeholder="Enter your Email"
        for="email-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314"><span>Email</span><span class="hs-form-required">*</span></label>
      <legend class="hs-field-desc" style="display: none;"></legend>
      <div class="input"><input id="email-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" name="email" required="" placeholder="Email*" type="email" class="hs-input" inputmode="email" autocomplete="email" value=""></div>
    </div>
  </fieldset>
  <fieldset class="form-columns-2">
    <div class="hs_industry hs-industry hs-fieldtype-select field hs-form-field"><label id="label-industry-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" class="" placeholder="Enter your Industry"
        for="industry-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314"><span>Industry</span><span class="hs-form-required">*</span></label>
      <legend class="hs-field-desc" style="display: none;"></legend>
      <div class="input"><select id="industry-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" required="" class="hs-input is-placeholder" name="industry" style="display: none;">
          <option disabled="" value="">Industry*</option>
          <option value="Analysts &amp; Consulting">Analysts &amp; Consulting</option>
          <option value="Enterprise">Enterprise</option>
          <option value="Financial Institutions">Financial Institutions</option>
          <option value="FinTech">FinTech</option>
          <option value="Neobank">Neobank</option>
          <option value="Payment Orchestrators">Payment Orchestrators</option>
          <option value="Payments Service Provider">Payments Service Provider</option>
          <option value="Public Sector">Public Sector</option>
          <option value="Retail">Retail</option>
          <option value="Retail bank">Retail bank</option>
          <option value="System Integrators">System Integrators</option>
          <option value="Transit">Transit</option>
          <option value="Other">Other</option>
        </select></div><button class="select-selected placeholder" onclick="hsForm.select.divClicked(this);event.preventDefault();">Industry*</button>
      <div class="select-items select-hide"><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Analysts &amp; Consulting</button><button
          onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Enterprise</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Financial
          Institutions</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">FinTech</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();"
          class="select-option">Neobank</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Payment Orchestrators</button><button
          onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Payments Service Provider</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Public
          Sector</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Retail</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Retail
          bank</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">System Integrators</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();"
          class="select-option">Transit</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Other</button></div>
    </div>
    <div class="hs_country hs-country hs-fieldtype-select field hs-form-field"><label id="label-country-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" class="" placeholder="Enter your Country"
        for="country-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314"><span>Country</span><span class="hs-form-required">*</span></label>
      <legend class="hs-field-desc" style="display: none;"></legend>
      <div class="input"><select id="country-d0f91e4d-00fb-4edb-822f-e6877ec4aa43_8314" required="" class="hs-input is-placeholder" name="country" style="display: none;">
          <option disabled="" value="">Country*</option>
          <option value="Afghanistan">Afghanistan</option>
          <option value="Albania">Albania</option>
          <option value="Algeria">Algeria</option>
          <option value="Andorra">Andorra</option>
          <option value="Angola">Angola</option>
          <option value="Antigua and Barbuda">Antigua and Barbuda</option>
          <option value="Argentina">Argentina</option>
          <option value="Armenia">Armenia</option>
          <option value="Australia">Australia</option>
          <option value="Austria">Austria</option>
          <option value="Azerbaijan">Azerbaijan</option>
          <option value="Bahamas">Bahamas</option>
          <option value="Bahrain">Bahrain</option>
          <option value="Bangladesh">Bangladesh</option>
          <option value="Barbados">Barbados</option>
          <option value="Belarus">Belarus</option>
          <option value="Belgium">Belgium</option>
          <option value="Belize">Belize</option>
          <option value="Benin">Benin</option>
          <option value="Bhutan">Bhutan</option>
          <option value="Bolivia, Plurinational State of">Bolivia, Plurinational State of</option>
          <option value="Bosnia and Herzegovina">Bosnia and Herzegovina</option>
          <option value="Botswana">Botswana</option>
          <option value="Brazil">Brazil</option>
          <option value="Brunei Darussalam">Brunei Darussalam</option>
          <option value="Bulgaria">Bulgaria</option>
          <option value="Burkina Faso">Burkina Faso</option>
          <option value="Burundi">Burundi</option>
          <option value="Cambodia">Cambodia</option>
          <option value="Cameroon">Cameroon</option>
          <option value="Canada">Canada</option>
          <option value="Cape Verde">Cape Verde</option>
          <option value="Central African Republic">Central African Republic</option>
          <option value="Chad">Chad</option>
          <option value="Chile">Chile</option>
          <option value="China">China</option>
          <option value="Colombia">Colombia</option>
          <option value="Comoros">Comoros</option>
          <option value="Congo, Democratic Republic of the (Kinshasa)">Congo, Democratic Republic of the (Kinshasa)</option>
          <option value="Congo">Congo-Brazzaville</option>
          <option value="Costa Rica">Costa Rica</option>
          <option value="Croatia">Croatia</option>
          <option value="Cuba">Cuba</option>
          <option value="Cyprus">Cyprus</option>
          <option value="Czech Republic">Czech Republic</option>
          <option value="Cote d'Ivoire">Côte d’Ivoire</option>
          <option value="Denmark">Denmark</option>
          <option value="Djibouti">Djibouti</option>
          <option value="Dominica">Dominica</option>
          <option value="Dominican Republic">Dominican Republic</option>
          <option value="Ecuador">Ecuador</option>
          <option value="Egypt">Egypt</option>
          <option value="El Salvador">El Salvador</option>
          <option value="Equatorial Guinea">Equatorial Guinea</option>
          <option value="Eritrea">Eritrea</option>
          <option value="Estonia">Estonia</option>
          <option value="Swaziland">Eswatini</option>
          <option value="Ethiopia">Ethiopia</option>
          <option value="Fiji">Fiji</option>
          <option value="Finland">Finland</option>
          <option value="France">France</option>
          <option value="Gabon">Gabon</option>
          <option value="Gambia">Gambia</option>
          <option value="Georgia">Georgia</option>
          <option value="Germany">Germany</option>
          <option value="Ghana">Ghana</option>
          <option value="Greece">Greece</option>
          <option value="Grenada">Grenada</option>
          <option value="Guatemala">Guatemala</option>
          <option value="Guinea">Guinea</option>
          <option value="Guinea-Bissau">Guinea-Bissau</option>
          <option value="Guyana">Guyana</option>
          <option value="Haiti">Haiti</option>
          <option value="Holy See (Vatican City State)">Holy See (Vatican City State)</option>
          <option value="Honduras">Honduras</option>
          <option value="Hungary">Hungary</option>
          <option value="Iceland">Iceland</option>
          <option value="India">India</option>
          <option value="Indonesia">Indonesia</option>
          <option value="Iran, Islamic Republic of">Iran, Islamic Republic of</option>
          <option value="Iraq">Iraq</option>
          <option value="Ireland">Ireland</option>
          <option value="Israel">Israel</option>
          <option value="Italy">Italy</option>
          <option value="Jamaica">Jamaica</option>
          <option value="Japan">Japan</option>
          <option value="Jordan">Jordan</option>
          <option value="Kazakhstan">Kazakhstan</option>
          <option value="Kenya">Kenya</option>
          <option value="Kiribati">Kiribati</option>
          <option value="Korea, Democratic People's Republic of">Korea, Democratic People's Republic of</option>
          <option value="Korea, Republic of">Korea, Republic of</option>
          <option value="Kosovo, Republic of">Kosovo, Republic of</option>
          <option value="Kuwait">Kuwait</option>
          <option value="Kyrgyzstan">Kyrgyzstan</option>
          <option value="Lao People's Democratic Republic">Lao People's Democratic Republic</option>
          <option value="Latvia">Latvia</option>
          <option value="Lebanon">Lebanon</option>
          <option value="Lesotho">Lesotho</option>
          <option value="Liberia">Liberia</option>
          <option value="Libya">Libya</option>
          <option value="Liechtenstein">Liechtenstein</option>
          <option value="Lithuania">Lithuania</option>
          <option value="Luxembourg">Luxembourg</option>
          <option value="Madagascar">Madagascar</option>
          <option value="Malawi">Malawi</option>
          <option value="Malaysia">Malaysia</option>
          <option value="Maldives">Maldives</option>
          <option value="Mali">Mali</option>
          <option value="Malta">Malta</option>
          <option value="Marshall Islands">Marshall Islands</option>
          <option value="Mauritania">Mauritania</option>
          <option value="Mauritius">Mauritius</option>
          <option value="Mexico">Mexico</option>
          <option value="Micronesia, Federated States of">Micronesia, Federated States of </option>
          <option value="Moldova, Republic of">Moldova, Republic of</option>
          <option value="Monaco">Monaco</option>
          <option value="Mongolia">Mongolia</option>
          <option value="Montenegro">Montenegro</option>
          <option value="Morocco">Morocco</option>
          <option value="Mozambique">Mozambique</option>
          <option value="Myanmar">Myanmar</option>
          <option value="Namibia">Namibia</option>
          <option value="Nauru">Nauru</option>
          <option value="Nepal">Nepal</option>
          <option value="Netherlands">Netherlands</option>
          <option value="New Zealand">New Zealand</option>
          <option value="Nicaragua">Nicaragua</option>
          <option value="Niger">Niger</option>
          <option value="Nigeria">Nigeria</option>
          <option value="North Macedonia">North Macedonia</option>
          <option value="Norway">Norway</option>
          <option value="Oman">Oman</option>
          <option value="Pakistan">Pakistan</option>
          <option value="Palau">Palau</option>
          <option value="Palestine, State of">Palestine, State of</option>
          <option value="Panama">Panama</option>
          <option value="Papua New Guinea">Papua New Guinea</option>
          <option value="Paraguay">Paraguay</option>
          <option value="Peru">Peru</option>
          <option value="Philippines">Philippines</option>
          <option value="Poland">Poland</option>
          <option value="Portugal">Portugal</option>
          <option value="Qatar">Qatar</option>
          <option value="Romania">Romania</option>
          <option value="Russian Federation">Russian Federation</option>
          <option value="Rwanda">Rwanda</option>
          <option value="Saint Kitts and Nevis">Saint Kitts and Nevis</option>
          <option value="Saint Lucia">Saint Lucia</option>
          <option value="Saint Vincent and the Grenadines">Saint Vincent and the Grenadines</option>
          <option value="Samoa">Samoa</option>
          <option value="San Marino">San Marino</option>
          <option value="Saudi Arabia">Saudi Arabia</option>
          <option value="Senegal">Senegal</option>
          <option value="Serbia">Serbia</option>
          <option value="Seychelles">Seychelles</option>
          <option value="Sierra Leone">Sierra Leone</option>
          <option value="Singapore">Singapore</option>
          <option value="Slovakia">Slovakia</option>
          <option value="Slovenia">Slovenia</option>
          <option value="Solomon Islands">Solomon Islands</option>
          <option value="Somalia">Somalia</option>
          <option value="South Africa">South Africa</option>
          <option value="South Sudan">South Sudan</option>
          <option value="Spain">Spain</option>
          <option value="Sri Lanka">Sri Lanka</option>
          <option value="Sudan">Sudan</option>
          <option value="Suriname">Suriname</option>
          <option value="Sweden">Sweden</option>
          <option value="Switzerland">Switzerland</option>
          <option value="Syrian Arab Republic">Syrian Arab Republic</option>
          <option value="São Tomé e Príncipe">São Tomé e Príncipe</option>
          <option value="Tajikistan">Tajikistan</option>
          <option value="Tanzania, United Republic of">Tanzania, United Republic of</option>
          <option value="Thailand">Thailand</option>
          <option value="Timor-Leste">Timor-Leste</option>
          <option value="Togo">Togo</option>
          <option value="Tonga">Tonga</option>
          <option value="Trinidad and Tobago">Trinidad and Tobago</option>
          <option value="Tunisia">Tunisia</option>
          <option value="Turkey">Turkey</option>
          <option value="Turkmenistan">Turkmenistan</option>
          <option value="Tuvalu">Tuvalu</option>
          <option value="Uganda">Uganda</option>
          <option value="Ukraine">Ukraine</option>
          <option value="United Arab Emirates">United Arab Emirates</option>
          <option value="United Kingdom of Great Britain and Northern Ireland">United Kingdom of Great Britain and Northern Ireland</option>
          <option value="United States of America">United States of America</option>
          <option value="Uruguay">Uruguay</option>
          <option value="Uzbekistan">Uzbekistan</option>
          <option value="Vanuatu">Vanuatu</option>
          <option value="Venezuela, Bolivarian Republic of">Venezuela, Bolivarian Republic of</option>
          <option value="Viet Nam">Viet Nam</option>
          <option value="Yemen">Yemen</option>
          <option value="Zambia">Zambia</option>
          <option value="Zimbabwe">Zimbabwe</option>
        </select></div><button class="select-selected placeholder" onclick="hsForm.select.divClicked(this);event.preventDefault();">Country*</button>
      <div class="select-items select-hide"><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Afghanistan</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();"
          class="select-option">Albania</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Algeria</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();"
          class="select-option">Andorra</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Angola</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();"
          class="select-option">Antigua and Barbuda</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Argentina</button><button
          onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Armenia</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Australia</button><button
          onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Austria</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Azerbaijan</button><button
          onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Bahamas</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Bahrain</button><button
          onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Bangladesh</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Barbados</button><button
          onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Belarus</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Belgium</button><button
          onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Belize</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Benin</button><button
          onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Bhutan</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Bolivia, Plurinational State
          of</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Bosnia and Herzegovina</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();"
          class="select-option">Botswana</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Brazil</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();"
          class="select-option">Brunei Darussalam</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Bulgaria</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();"
          class="select-option">Burkina Faso</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Burundi</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();"
          class="select-option">Cambodia</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Cameroon</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();"
          class="select-option">Canada</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Cape Verde</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();"
          class="select-option">Central African Republic</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Chad</button><button
          onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Chile</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">China</button><button
          onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Colombia</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Comoros</button><button
          onclick="hsForm.select.optionClicked(this);event.preventDefault();" class="select-option">Congo, Democratic Republic of the (Kinshasa)</button><button onclick="hsForm.select.optionClicked(this);event.preventDefault();"
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Text Content

 


MAKING BANKING AND PAYMENTS FRAUD-SMART


WHAT MORE CAN BANKS DO TO FIGHT FRAUD?

As banking becomes digitalized, there are increasing levels of fraud worldwide.
Customers are becoming more alert to these fraud and phishing techniques – but
criminals are evolving their approach. Fraud attempts are increasingly
sophisticated, and even though most customers’ banking is protected by
multi-factor authentication (MFA), this security is not a guarantee against
successful attacks.




OTPS: ONE-TIME PASSWORD OR ONE THAT’S PHISHABLE

Even though multi-factor authentication through one-time passwords (OTPs) is
more secure than traditional single-factor security, savvy fraudsters have
figured out ways to overcome their protection like making your customers think
the situation is extremely urgent.

Existing multi-factor authentication mechanisms are no longer cutting edge,
leaving your customers open to risk. Here’s just one example of a scenario that
proves relying on OTPs isn’t enough




THE SCENARIO SHOWS: 


SOPHISTICATED CRIMES 

Fraud is incredibly sophisticated and significantly increasing, putting
customers and banks at risk.


OTPS ARE VULNERABLE 

When authentication relies on elements like OTP, it leaves customers open to
phishing and tracing, potentially compromising their accounts.


NO
CONTROL

Banks have little to no control over the authentication mechanism.

RECENT SURVEY*, AMONG A REPRESENTATIVE GROUP OF 500 ONLINE FRAUD VICTIMS,
HIGHLIGHTS:

44%
clicked too quickly, unknowingly paving the way for fraud.

55%
acknowledge that a little patience could have uncovered the deception.

48%
acted hastily, foregoing the due diligence to verify the situation.

* Source: Survey: Nearly half of online fraud due to clicking too fast, ABN
AMRO, 2023


THE IMPACT OF FRAUD:


Phishing size by world continent 
Source: Verizon Data Breach Investigations Report 2023 

8tn
is the predicted cost relating to cybercrime and fraud – globally. 


84% 
of organizations worldwide have been subjected to mobile phishing attacks at one
time or another. 


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THE NON-FINANCIAL COST OF FRAUD 

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Eroding customer trust

If customers feel that their bank isn’t doing enough to protect them against
fraud they can choose to look elsewhere: 

Rising resource burden

Responding to fraud incidents places an increasingly challenging demand on
banks’ internal resources and processes. 

Complicating the customer experience

Protecting customers from fraud may result in more complex registration and
authentication experiences with multi-step verification processes. 

Changing regulatory environment

Increasing fraud levels have resulted in more scrutiny around payments from
regulators and legislators alike, with a global tendency to place greater
responsibility for combatting fraud on banks. 



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AUTHENTICATION CHALLENGES


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PASSWORDLESS AUTHENTICATION – THE WAY FORWARD

Customers demand a simple, secure, easy-to-navigate, and seamless authentication
experience. One solution holds the answer – passwordless authentication through
biometrics. 

Imagine a future where 'something you have' (your device) and 'something you
are' (your biometrics) seamlessly merge to create a secure, effortless
authentication experience. 

In a world where digital security is constantly evolving, financial institutions
need to strike the perfect balance between security, compliance, and customer
experience.




OUTPACE FRAUD WITH PASSWORDLESS AUTHENTICATION

IDC's latest Info Snapshot reveals a growing trend towards FIDO-based biometric
authentication. Download your copy to explore how to stay ahead of the
fraudsters and optimize your customer authentication experience.

Download Now



YOUR CUSTOMERS TRUST YOU TO PROVIDE SECURE BANKING AND PAYMENTS EXPERIENCE.

WHO CAN YOU TRUST TO ENABLE THAT SECURITY?

Embrace the future where multi-factor authentication becomes both a shield and a
seamless experience for your customers.
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CONVEGO® AUTH-U:


Transform two-factor authentication into a single effortless action

Read more
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CONVEGO® TAP


Make banking services effortless and secure with just one tap of a payment card.

Read more


GET IN TOUCH

For over 170 years, as a global SecurityTech company, our mission has been to
create innovative solutions safeguarding critical industrial sectors. Partnering
with G+D allows banks and financial institutions to focus on their core
business, free from constant concerns about safeguarding customers. 

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