Post by Protiviti Middle East Member Firm

Fraud does not follow a fixed pattern. Your fraud detection model should not either. Many banks continue to rely on models built for a different era, before digital payments scaled, before new fraud typologies emerged, and before customer behaviour changed fundamentally. An outdated model does not just miss fraud. It flags the wrong transactions, frustrates genuine customers, and creates blind spots your risk team may not even see coming. Learn how model risk management is evolving and what it means for your organisation: https://lnkd.in/gbDSwBxT #FraudDetection #ModelRisk #RiskManagement #Protiviti