HSBC to integrate its global fraud defences

摘要

HSBC is planning to replace hundreds of fraud detection systems with a single anti-fraud system to monitor bank transactions across 83 operations worldwide. The bank has begun a project in Hong Kong to adapt credit card fraud detection software to monitor all of its banking products, including credit cards, debit cards, cheques, online and telephone banking, and contactless card transactions. Ralph Silva, business analyst at research firm TowerGroup said other banks were likely to follow HSBC's lead following the introduction of the Basel 2 regulations. The rules require banks to identify the risk profile of all customers across all the products they use.