Payment fraud is surging as criminals launch cyberattacks with lightning speed and sophistication. The response? Cyber and fraud teams are unifying to catch threats quicker. But despite integration efforts, delivering tangible results is an uphill battle.
In a new Mastercard-commissioned report from Datos Insights, we surveyed 100 financial institutions worldwide to understand their biggest hurdles and opportunities. What we learned:
- A promising 81% of FIs investing in cyber-fraud integration are rapidly advancing their risk defenses.
- However, most remain in the early stages of cyber-fraud operational maturity — and recognize the multi-year journey ahead.
- Over 60% of executives say that the lack of cross-domain talent and real-time data sharing are barriers in integration.
Looking to improve your integration strategy? Download our research findings and takeaways.
