Boston, November 6, 2014 – Fraud, ever increasing in its potency and rapidly proliferating in its forms, poses significant risks to global commercial banks. Encompassing large lending commitments and complex, high-value cash transfers, banks' corporate relationships are extremely attractive to criminals. Fraudsters are well-equipped to exploit the complexities of corporate lending, but they are not invincible. If commercial lending operations understood this, could they formulate an analytics-based fraud antidote?
This Aite Group Impact Report, based on comprehensive requests for information sent to global providers of fraud-deterrent analytics technologies, studies the types of fraud that are particular to commercial banking and the role analytics can play as an antidote to such crime.
This 45-page Impact Report contains six figures and 16 tables. Clients of Aite Group's Wholesale Banking & Payments service can download this report.