Fraud costs Asian banks $1 billion a year: Progress Software - Economic Times

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEJkGNfpcRcBaGeop-XjdS41FhSegamp;url=http://economictimes.indiatimes.com/news/international-business/fraud-costs-asian-banks-1-billion-a-year-progress-software/articleshow/12428544.cmsbbFraud/b costs Asian banks $1 billion a year: Progress Software/b/abr /font size=-1bfont color=#6f6f6fEconomic Times/font/b/fontbr /font size=-1SINGAPORE: Many banks still do not have enough teeth to tackle bfraud/b, which costs Asia around $1 billion a year, but social media could be a game changer due to the reputational risk, said a top official from business software firm Progress Software b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dtVdsYjRZzkIjrMnobrb and morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

More... (http://news.google.com/news/url?sa=tfd=Rusg=AFQjCNEJkGNfpcRcBaGeop-XjdS41FhSegurl=http://economictimes.indiatimes.com/news/international-business/fraud-costs-asian-banks-1-billion-a-year-progress-software/articleshow/12428544.cms)