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Payment ecosystems that effectively share data can reduce economic crime, study shows

By Puja Sharma

April 14, 2023

  • APP Fraud
  • Bank Data
  • Banking Application
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-Global estimates suggest $2 trillion is laundered annually and fraud is now at epidemic levels. -Volume and complexity of laws and legislation cited as the key issue impacting regulated entities’ data sharing to reduce economic crime. -The Payments Association’s research sets out opportunities in sharing data between public and private entities, capitalising on the UK […]

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