Synthetic fraud to Impact the Industry
In an era defined by digital connectivity and technological advancements, the realm of cyberspace has always become a challenge. As the world increasingly relies on digital platforms for communication, commerce, and information sharing, the specter of cybercrime has risen in tandem, casting a shadow on the promise of the digital age.
Synthetic identity fraud is a growing threat in the US. Traditional methods of fraud detection are falling short and failing to catch it. These types of Fraud are catching like fire and becoming the fastest growing financial crime.
Today's Headline in NewsHours
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2:55 Govt to impose customs duty plan on telecom components
3:31 #Google puts in last effort to overturn $2.6 billion EU antitrust fine
4:10 #Pavan Davuluri to succeed Panos Panay as Microsoft’s Corporate Product chief
4:45 #RBI reportedly working to build self-regulatory body for fintechs
5:17 #Jio rolls out Jio AirFiber services
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Synthetic fraud to Impact the Industry
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Mr. Ashesh Shah, Managing Director, Trans Continental Capital Advisors talks about the effect of PNB fraud on other companies looking to raise funds in the capital market, the alternate source of fund-raising and their cost impact.
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