Last week, our Chief Customer Officer, Nadia Edwards-Dashti, moderated a vital session on Fraud in Payments at #FMLS24. 🌍 The discussion covered key issues, including the rise of deepfake scams, the increasing sophistication of fraud, and the importance of collaboration across the payments ecosystem. Some key takeaways: 🔍 Fraud is becoming more advanced, organised, and harder to detect. 🤝 Collaboration between all stakeholders is essential to address these challenges. 📢 Reporting losses, no matter how small, is crucial for driving awareness and solutions. ⚙️ Building resilience and operational efficiency is critical to staying ahead. Thank you to the expert panellists Barry O'Sullivan (OpenPayd), Sara Cass (IFX Payments), Ugnė B. (payabl.), and Svetlana Hoffmann (Epta-X) for their insights, and to Finance Magnates for hosting such an important conversation. 👏 #Payments #FraudPrevention #Collaboration #FinTech
