Everybody is excited about the 2023 FedNow launch - including fraudsters. Are you ready?
Financial institutions (FIs) and their customers are eager to manage money in real-time once FedNow launches. By enabling speedy transactions, FIs can elevate customer experiences. In parallel, customers can avoid the fees charged for wire transfers and debit card transactions, saving money while gaining rapid access to their funds. But with this convenience, you can expect more fraud—because criminals also enjoy immediate cash outs.
Before FedNow launches, find out what you need to know to protect your FI and customers from fraudsters exploiting faster payments. Join experts from NICE Actimize and Javelin Strategy & Research as they discuss the top challenges and fraud risks that FIs must address prior to the implementation of real-time payments.
Glenn Fratangelo, Global Head of Strategy and Marketing, Fraud Prevention
Tracy Kitten, Director of Fraud & Security, Javelin Strategy & Research