Category: Fraud Management

RBI’s circular

How can RBI’s latest guidelines help Indian banks combat cybercrime?

Rising cybercrime in India is no secret. According to a report by Symantec, India now ranks 3rd in the world, after the US and China, as a source of malicious activity. In fact the National Crime Records Bureau data reveals that in the three years up to 2013, registered cases of cyber crime were up 350 percent, from 966 to 4356. Dubious distinctions both, and give banks and the...

Customerxps Nasscom

CustomerXPs gets featured on Nasscom’s Indian Analytics Products Landscape

CustomerXPs has been showcased in the Nasscom’s Research Paper ‘Indian Analytics Products- Scaling New Heights’. The Chartis Risktech100 2016 company has been recognized for its solutions in the Enterprise Business Intelligence, Risk & Security Management and Customer Lifecycle Management areas. By Priyanka Gautam  Reach her at clari5@customerxps.com CustomerXPs offers real-time, intelligent products that empower banks with instant insights enabling influenced outcomes of deeper customer engagement and fraud-free transactions....

nigeria fraud

Nigeria – Online Fraud

Internet Technology for banking: A Boon or A Bane? Internet Technology has opened up new scope for the banking systems .It has enhanced our lifestyle up to some extent and it made our lives easier. But at the same time it comes with some risks because of its associated fraud. According to NIBSS, increasing use of ATM and E-Platform has contributed to accelerated growth of fraudulent activities....