In today's interview, Mirela Ciobanu, Lead Editor at The Paypers, talks with John Erik Setsaas, Director of Innovation at Tietoevry Banking, about the challenges and opportunities in digital identity and fraud prevention at cyberevolution 2024.
🌟 Key topics covered:
• The European Digital Identity Wallet: A game-changer for privacy and security?
• How banks are tackling evolving fraud threats like romance scams and safe account fraud.
• Balancing instant payments, GDPR, and cybersecurity in financial services.
• Leveraging AI and behavior monitoring to stop fraudsters in real-time.
• The importance of user education and consistency in fighting financial crime.
Discover how banks and financial institutions can navigate new regulations, build trust, and enhance digital identity systems to protect consumers and prevent fraud. Whether you’re in banking, tech, or just curious about the future of identity, this interview offers valuable insights.