5318: Can India stop a scam before the money moves? | Fighting cybercrime with LexisNexis Risk Solutions
Fraud does not start with tricking an individual into making one bad payment. How the money moves afterwards through an increasingly interconnected financial system is of equal, if not greater, significance. A highly interconnected payments ecosystem not only moves money quickly, it also clears the way for faster fraud. On this episode of Unusual Suspects, Vishal Verma, Senior Director, APAC at LexisNexis Risk Solutions, joins us to explore how India’s fraud ecosystem is evolving, whether banks can move beyond investigating individual transactions to identifying the wider patterns, identities, and relationships behind them. Financial fraud has perhaps affected all of us, or someone just one degree removed from us. It’s also climbing rapidly up the RBI’s agenda. Verma unpacks this developing issue with host Gaurav Choudhury in a riveting conversation. Tune in.