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The Value of Fraudulent Activities in Online Banking Will Reach $7 Billion by 2020

Online banking is the rising star of the financial services industry. In 2016, there is a range of successful players offering superior online banking experience; even traditional players seem to be making a push towards forms of online experience rather than physical branches. Nonetheless, each innovation comes with its own catch. While some drawbacks are not significant enough to pause the efforts, others may create considerable obstacles.

Certain drawbacks of the modern trend towards online banking have been recently popping up here and there. Although one of the most important issues is related ...

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