Payments best practices, Daily Validation Reports, support customers´ fraud prevention programmes
(WorldNews Belgium)

Combatting fraud is a challenge for the entire financial industry, as cyber-attacks grow in frequency and sophistication. SWIFT`s Customer Security Programme (CSP) helps its customers secure their own local environments, manage risk in counterparty relationships, and protect the entire community. Robust fraud prevention programmes require the rapid identification of (potentially) fraudulent transactions so they can be investigated, and blocked if necessary. In particular, strong reconciliation and response processes...