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With Realtime Payments Comes Realtime Fraud — and Banks Need to Prepare

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EXCLUSIVE—As banks begin to implement faster payment networks, they have to be ready to react to new cases of fraud in higher numbers, Genevieve Gimbert, head of fraud management consulting for financial consultancy PwC told Bank Innovation. “Faster payments has created new payment networks that have increased the competition between services,” Gimbert told Bank Innovation. […]

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