The book of technology is smoothly growing and touching various aspects of our lives making it easier, simpler. However, as we escalate towards a more technological savvy world, there are threats that devour the road ahead. Where on one side, technology is helping people reach great ends, it's also paving the way for enhanced fraudulent activities. Fraud Management for businesses is to detect and fetch the fraudulent and illegitimate happenings and protect confidential data and information from falling into the wrong hands. Group Futurista brings forth the “Future Of Fraud Management For Businesses Summit (German Edition)” to help you gain insights into the advancing trends of the industry and depart with an enlightening note.
Platforms for crypto exchanges have been swiftly constructed from open source, with no regard for its security environment or fraud control. There's no assurance that users will get their money back after a hack because the platforms are unregulated and insecure. Phishing and social engineering assaults are the most popular methods of crypto hacking. More legislation and guidelines, such as PSD2 and the necessity for Strong Customer Authentication, are the only way to mitigate these assaults. Customers, on the other hand, must choose a stock exchange platform that has superior security features.
While consumers are aware and comfortable with the conventional usage of passwords for authentication, their trust in their security is dwindling. The focus has switched to biometric authentication as a more secure alternative to password approval. By utilizing continuous biometric authentication to reduce fraud risk, businesses may create greater confidence in their consumers. To assist continually validate transactions, these fraud security measures may be employed from beginning to finish across all digital platforms. The utilization of device trust, identification, and behavioral analytics can stop any fraudsters who are able to penetrate inadequate password management.
Digital wallets and peer-to-peer (P2P) payments are another fraud management trend. Digital wallets like Apple Pay and Samsung Pay, as well as P2P technologies like PayPal, Square, and Zelle, were all used by victims of stimulus-related fraud, jobless money mule schemes, and identity fraud scams. Furthermore, many users use browser-based mobile banking applications to conduct sensitive transactions. Financial institutions should make a concerted effort to educate users about the need of only using branded mobile banking apps with sophisticated encryption to avoid fraudulent transactions.
"There is a simple rule here, a rule of legislation, a rule of business, a rule of life: beyond a certain point, complexity is fraud. You can apply that rule to left-wing social programs, but you can also apply that rule to credit derivatives, hedge funds, all the rest of it." — P.J. O’ Rourke, Research Fellow, Satirist, Journalist
Innovative keynotes delivered by the industry's true heavyweights, covering practical challenges and subjects which are exclusively entailed in our agenda. Gain subject matter expertise, network, and collaborate to explore solutions that shed light on future business models impacting revenue inflows.
Futurista Start-up Elevate is a dedicated platform for Startups and VCs. We offer industry-specific startups a showcasing opportunity, enabling them to connect with corresponding VCs and Mentors. A win-win dynamic is created to attain the desired exposure for startups who are looking forward to scaling up their businesses.
A smart application will help you connect with key decision makers, share files, brainstorm ideas, and have a seamless networking experience. A comprehensive module covering the entire event, compiled for training purposes, to be made available post-conference, exclusively for the attendees.
CXO, VP, Director, Head, Manager & Specialist of:
Ad fraud
Identity Theft
Money Fraud
Payment Fraud
Payroll Fraud
Phishing
Pretexting
Return Fraud
Smishing
Vishing
Financial Services
Banking
Insurance
Fintech
A premium networking experience with a pristine venue, smart applications, and fine dining services, enabling our delegates to make the most out of their time in a business class environment.
Filtered invitations for the selected key decision makers representing the world's largest organizations across industries, academia, and government organizations, making the conference apt and productive in all aspects.
Provision of a platform to innovative start-ups, leading solution providers, and cutting-edge product developers.
Customized packages designed for the right id of exposure, for the right kind of audience.
Most creative people in business: leaders who are shaping the Future of business in creative ways.
World changing ideas: Products, concepts and policies that are perusing innovation for good.
Innovation by design: the best products, services, interfaces and design ideas in business.
Most innovative companies: The top companies in technology, media, finance and more.
Futurista Startup Elevate is a platform that transforms big-ideas into reality! The FOFMFI2024 7th May, 2024 will fuel start-ups to take themselves to the top by providing access to VC's, Mentors, and Potential Clientele from the corresponding industries. The perks include Product Showcasing, Speaking Slots, and Campaigns running among our thoroughly researched pack of delegates.