Swift unveils software to help users detect fraud
Financial messaging service hopes new software will allow users to independently detect unusual activity
Global financial messaging service Swift is rolling out a new tool designed to boost its users' existing fraud controls, in an attempt to enhance their ability to identify possible fraud attempts and improve the likelihood they can block fraudulent transfers.
Announced on September 20, the 'Daily Validation Reports' will give Swift users a summary of their message flows, affording them an independent means of identifying their messaging activity and detecting unusual patterns.
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