Scotiabank signs for Memento security technology

Memento, a leader in fraud detection and risk mitigation for banks and credit unions, today announced that Scotiabank has signed an agreement with Memento to further reinforce customer security and privacy at the Bank.

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

"Our business is about security and privacy, and this is a responsibility we take very seriously," said Glenn Brady, Vice-President, Shared Services, Scotiabank. "Scotiabank already has very effective policies, procedures and technologies in place to monitor accounts and transactions. The Bank remains committed to addressing our customers' high expectations for security and privacy, while also complying with the regulatory standards of Canada's financial services industry."

"Using Memento Security - Memento's next-generation enterprise fraud solution - Scotiabank analysts and investigators will have enhanced monitoring capabilities", said BC Krishna, founder and CEO of Memento. "We look forward to helping Scotiabank identify the latest, most complex and potentially damaging fraud schemes."

 

Sponsored [New Event Report] AI’s Role in the US Financial Services Sector: Balancing Innovation and Compliance

Related Company

Comments: (0)

[Webinar] The ISO 20022 for CBPR+ deadline is looming: Are financial organisations prepared?Finextra Promoted[On-Demand Webinar] The ISO 20022 for CBPR+ deadline is looming: Are financial organisations prepared?