They are growing. This is sad. But there is one saudi arabia telegram data positive trend. The share of returns has also grown, more than twice… What is the reason for this?
— The Bank of Russia has organized the exchange
of information between banks on transactions without the consent of clients. We are increasing the efficiency of interaction and the speed of data exchange. We are currently working on ensuring that banks exchange information on the digital fingerprints of devices used by fraudsters. In practice, this will allow banks to identify in advance their devices that were previously noticed during suspicious transactions and suspend fraudulent transactions in the future. Banks, in turn, have become more responsible in analyzing the information they receive and use it in the work of their anti-fraud systems (which recognize suspicious transactions at an early stage. — Ed.). Thus, last year, banks prevented fraudulent write-offs of 5.8 trillion rubles.
— How do banks determine that a transaction is fraudulent?
— The Bank of Russia has a database of cases and attempts to transfer money without the client’s consent. When a person’s money has been stolen and he contacts his bank, the latter is obliged to send the details of the transaction to our brian massey conversion scientist database, including the recipient’s details. We send up-to-date information from the database to all banks on a daily basis. If the bank sees that the client is trying to make a transfer to a fraudulent ao lists account from the Central Bank’s database, it suspends it. The share of stolen money returned has indeed increased, but it still remains low (8.7%). But we believe that the situation will start to change for the better this summer.
