Fighting Fraud in Financial Services? How Blockchain Can Help
Fraud is a massive and growing challenge for the financial services industry, representing a loss of up to 3% of annual revenues according to a recent LexisNexis Risk Solutions survey.1 For every dollar they lose to fraud, companies incur an additional $2.67 in costs.
We believe that blockchain can underpin new financial services transactions that transform our ability to counter fraudulent financial activities.
Read more to find out how.