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Fraud Detection Fails: How Banks Break Trust—and How to Fix It

Roman Eloshvili, founder of the UK-based fintech company ComplyControl, examines how banks’ reliance on outdated fraud detection systems is eroding customer trust and exposing deep flaws in financial security. Eloshvili argues that true fraud prevention requires a shift from reactive detection to proactive, data-driven intelligence where compliance and customer confidence advance together.

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