A study from Deloitte found that data management and integration would be keys to meeting new financial regulatory mandates regarding fraud prevention. A lack of resources and technology is to blame, according to The Faces of Fraud survey. Most institutions continue to rely on manual fraud detection, our survey finds. Tying AML to channel integration makes sense to me, and it’s one less tool or package for which a bank or credit union will have to fork out funds, says TowerGroup’s George Tubin.”]
Source: https://www.inforisktoday.com/blogs/integrated-aml-fraud-tools-make-sense-p-848