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11min chapter
895. News: Industry coalition pushes digital IDs, Phase 2 of Saudi open banking, new Singapore anti-fraud powers
Fintech Insider Podcast by 11:FS
Navigating Digital Fraud in Finance
This chapter examines the intricate challenges of preventing fraud in digital payments, specifically addressing the roles of banks and crypto firms. It highlights the dilemma of liability and the complexities of customer protection amidst the risks of fraud, particularly for vulnerable populations like the elderly. The discussion underscores the necessity for better customer education, regulatory collaboration, and innovative solutions to enhance fraud prevention without compromising legitimate transactions.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode