The rise in bank transfer fraud: can you afford to lose out?
Financial IT | June 2019
Sponsored content for Streammind financial services provider, featured on front page of Financial IT.
StreamMind is currently a leading high-tech player in France, and was established in 2008. The company specialises in transactional and messaging software solutions, with the aim of building software solutions that provide both robust and agile, as well as, simple, adaptable and scalable solutions for enterprises.
“Fraud, being one of the major security implications of digital innovation, is becoming an increasing issue for the financial services industry. Bank transfer fraud, in particular, has entered the media spotlight during the past couple of years.”
“At StreamMind, we have been working on solutions for erroneous transactions taking place online. Our anti-fraud solution, Lucy, is the first of its kind, as it allows enterprises to check, in seconds, that the bank details of their suppliers match the name of who they’re paying.”