Jul 26, 2023
Effectiv’s fraud tools determine if it is you or your deep fake making that bank withdrawal
We have the power to transfer money to anyone, from anywhere, without having to step foot in a bank branch. And with great power comes great responsibility amid bank transfer or payment fraud amounting to $1.6 billion in 2022. Ravi Sandepudi, co-founder and CEO of Effectiv, told TechCrunch that now that banks can’t rely on seeing people in-person, there is heavy digitization that requires fraud…
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