Report

Inter-Bank Privacy Enhanced Information Sharing

Did you know that Canada suffers from a second pandemic: bank fraud? The rate of suspected digital fraud attempts against financial services companies increased 218% from the last four months of 2020 to the first four months of 2021, and have created a CA$8.62 billion fraud prevention and detection market. 

In this report with Aite-Novarica and Duality Technologies, you will: 

  • Understand the full impact and extent of the Canadian fraud crisis - including the impact of the COVID-19 pandemic on the situation 
  • Learn more about how the financial system currently addresses fraud detection and prevention issues 
  • Dive deep into innovative solutions proposed to beat the fraud network with a new network: a collaboration between major banks

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