Fraud

In the lead up to NextGen Nordics, Alessio Castelli, Head of Marketing and Sales, CBI spoke to FinextraTV to discuss financial crime prevention. Describing the need to maintain customer trust amid the acceleration of fraud, all companies should be investing in prevention methods - beyond just what is regulated. Speaking to the fact that most fraud is due to human error or manipulation, Castelli explains the need for a cultural upgrade, encouraging FI's and public governments to be greater educators to instill a stronger common understanding. Comparing Italy with the Nordic markets, Castelli provides a positive overview of a collaborative nature and labels Europe as having a stronger, more unified community than other continents.

Source: https://www.finextra.com/videoarticle/3 ... nextrafeed