American Banker Web Seminar: Prioritizing the fight against Financial Crime in Payments

Event Overview

Payment fraud (i.e. unauthorized or deceptive use of stolen payment information to obtain money, goods, or services) remains a major challenge for financial institutions. As the use of faster payments has increased and become more mainstream, so have fraud-related problems.

Fraud continues to pose a major threat as over £570 million was stolen in payment fraud in the first half of 2024 (in UK alone). Recent surveys indicate that 18% of Norwegians and 15% of Swedes have experienced financial fraud or identity theft in the past year, affecting approximately 800,000 individuals in Norway and 1.2 million in Sweden. Notably, fraud attempts reached an “all-time high” during the summer months, with a 47% increase compared to the previous year. Total fraud and scam-related losses in Denmark reached Dkr627.4 million ($90 million) in 2023. According to Feature space, financial scams are widespread, affecting 3 in 10 U.S. consumers in the past five years. With new regulations requiring banks to compensate fraud victims, fraud prevention has become a top priority.

Watch the Infosys webinar, as distinguished speakers share insights about financial crime in payments, and how banks and financial institutions can fight against them, on April 10, 2025. Prepare to learn from Infosys’ experience with building NextGen Payments Infrastructure & Technology.

Speakers

Key Takeaways

By attending this webinar, you will gain:

• Insights into the evolving landscape of payment fraud and financial crime.
• Knowledge of advanced fraud prevention techniques, including AI/ML-driven risk-based approaches.
• Best practices for implementing strong customer authentication and behavioral biometrics.
• Strategies for enhancing collaboration among financial institutions to combat fraud.
• A deeper understanding of regulatory changes and their impact on fraud prevention.

Who Should Attend?

• Banking & Financial Services Professionals
• Fraud & Risk Management Experts
• Compliance Officers & Regulators
• Cybersecurity Specialists
• Technology & Innovation Leaders

Join us for an insightful conversation where our panelists will share real-world experiences, best practices, and innovative solutions to safeguard digital transactions and enhance your fraud prevention strategy.

About us

Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 55 countries to navigate their digital transformation.

With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, in more than 55 countries, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.