Digital fraud-hit banks turn to startups to cope with risks
ETtech.com -

A massive rise in attacks on the country’s digital banking ecosystem from fraudsters, coupled with regulatory pressure on stringent implementation of customer verification guidelines, has forced legacy financial institutions to turn to data analytics startups for tech support.These startups are using advanced technology to help strengthen the customer onboarding processes of financial institutions and help them manage risk.One of such startups is Mumbai-based Data Sutram, which is providing...

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