BITS: Tackling Fraud in 2012: Collaboration, Best Practices Needed to Mitigate Risks. BITS expects to target specific industries for building collaborative partnerships – working to identify and mitigate problems affecting financial institutions. John Carlson is executive vice president of fraud prevention and cybersecurity for BITS. He says BITS will continue working with the government and other parties to determine ways to improve KYC, “particularly in situations where you may never actually meet your customer face-to-face””]
Source: https://www.inforisktoday.com/bits-tackling-fraud-in-2012-a-4378