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Severity of fraud falling across Europe

Fico and Euromonitor collect European card fraud data and SAS Software tracks biggest op risk events

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European card fraud data collected by the US analytics specialist Fico and data provider Euromonitor shows the impact of improved anti-fraud technology – but the figures show as much displacement as overall reduction, the firm warns. Severity of fraud – the total losses to fraud expressed as a fraction of the total volume of card payments – has fallen in

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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