In 2023, cross-border fraud cost consumers over $5.2 billion, marking a significant rise in fraudulent activity across international transactions. This growing threat emphasizes the urgent need for businesses to enhance their cross-border verification processes, particularly when dealing with global partners. Inconsistent regulations across countries, coupled with the complexity of verifying businesses in different jurisdictions, make […] The post Preventing Fraud and Financial Crime Through Cross-Border Business appeared first on Markaaz.

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