Fraud fighting's being harmed by too much manual labor

The number of digital payments being made across the globe is increasing dramatically. Unfortunately, this volume has been matched by an increase in the number of fraudulent incidents. In fact, fraud has reached the highest levels on record, affecting more organizations than ever. The scale of the problem was revealed in last year's PWC Global Economic Crime and Fraud Survey. Nearly half (49%) of the 7,228 businesses across 123 territories that were interviewed reported that they had experienced fraud and economic crime over a two-year period.