New research from Experian finds 53% of businesses across the four APAC countries intend to increase fraud management budgets since the Covid-19 pandemic, although most have prioritised digital online identity strategies.
As business transactions move online due to COVID-19, businesses will need to develop the right digital capabilities to continue serving a digital-first audience, and for data-driven decisioning to deliver better customer experiences as well as mitigate potential consumer credit risks.
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