BioCatch Digital Fraud in the Middle East: Challenges, Impact, and Opportunities for Strengthening Trust and Security

Join us for an engaging virtual roundtable, where industry experts will delve into the growing issue of digital fraud and its impact on consumers and businesses across the Middle East.

This discussion will centre on key challenges and opportunities, including:

• Digital Fraud Challenges in the Middle East: What types of fraud are most affecting consumers in the region, and how do these trends compare with those seen in the UK?
• Impact on Digital Trust and Revenue: How does digital fraud erode consumer trust, and what are the potential consequences for digital revenue channels in the Middle East? Are consumers turning to more costly face-to-face interactions due to fraud concerns?
• Regulation and Liability: With new UK regulations holding both sending and receiving banks liable for social engineering fraud, how would similar regulations impact the Middle East? Would this be seen as a challenge or an opportunity for local financial institutions?

Key topics will include the rise of fraud types such as social engineering, account takeover (ATO), and the role of AI in fraud prevention. This roundtable will offer a valuable opportunity to discuss the current landscape in the Middle East and explore potential solutions to strengthen digital fraud defences and rebuild consumer confidence.