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Swift introduces fraud tool but comes under pressure from hacking group NSA claims

Swift has revealed a service designed to help banks spot fraudulent messages and avoid a repeat of the now infamous Bangladesh Bank hack. Customers are able to integrate the service directly into their Swift messaging flows, making it easier to detect unusual patterns, screening the messages according to their own chosen risk and compliance policies. Launched as [...]

The post Swift introduces fraud tool but comes under pressure from hacking group NSA claims appeared first on Payments Cards & Mobile.

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