Future of Fraud Management for FI summit is a networking event with revolutionary Keynotes, Case Studies, & Panel Discussions. This unique industry forum, composed of high-profile delegates who are the key decision-makers from the biggest Organisations, Innovative Start-ups, Governments and Universities around the globe, aims to discuss the challenges and explore best-practises for optimization of fraud management in modern business and corporate processes.
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:
Futurista Startup Elevate is a platform that transforms big-ideas into reality! The FOFMS2023.4 21st November, 2023 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.
Another feather in our cap- Future of Digital Onboarding and Customer Experience Summit
which was held on the 11th & 12th of April 2019, in London.
The event brought together some of the key decision makers from the biggest organizations, innovative Start-ups, and Governments around the globe, to discuss the various challenges and explore best-practices to optimize Digital Onboarding, Customer Experience and Identity Management processes for financial institutions.
Group Futurista's first event- Post-GDPR/The Future of Data Protection 2018 was held in
Berlin on 8th & 9th of November. Cross-industrial representatives were invited along with
advocates, techno-sociologists, researches, and government representatives
to draw a bigger picture of the global impact of GDPR on businesses, societies, and cultures
across the world.
The event helped many businesses to be better prepared with GDPR and other tech regulations that needed to be enforced. The Futurista Start-up Elevate platform allowed start-ups like Hotshot to showcase their solutions and collaborate with industry-leading organizations.
"Torture the data, and it will confess to everything.” — Ronald Coase