Since COVID-19’s worldwide spread, the financial industry has seen an increase in financial crime and illegal transactional activity. The onset of the virtual office environment has required banks and financial institutions to rethink the way they do business with prospective clients and customers. In a world where people must remain at home and the doors of institutions remain closed – the role of digital identity and its security has never been more important.
For more data-driven insights in your Inbox, subscribe to the Refinitiv Perspectives weekly newsletter.
James Mirfin, Global Head of Digital Identity and Financial Crime propositions at Refinitiv, and Bridget Abraham, Deputy Chief Compliance Officer Bridget at Western Union, joined host Keesa Schreane for the Refinitiv Perspectives LIVE episode ‘Identity Fraud During COVID-19: Securing Digital Identity.’
Learn why there has been a recent increase in fraud and illegal activity, as well as understand and navigate the challenges that banks and financial institutions are facing in the wake of the COVID-19 pandemic.
Next: Read the expert talk on ‘Digital solutions to fight against financial crime’
Connect with the global Refinitiv financial community on LinkedIn, or follow us on Twitter, YouTube, Facebook, Instagram, and Telegram.