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A meeting was held on fraud operations in the Fintex ecosystem and joint countermeasures against them.

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May 04 2023

A meeting was held on fraud operations in the Fintex ecosystem and joint countermeasures against them.

With the participation of representatives of financial institutions represented in the fintech ecosystem, a meeting was held under the organization of the Azerbaijan Fintech Association on fraud operations in this ecosystem and joint measures to fight against them.

During the discussions, it was decided to create an Expert Group consisting of representatives of member organizations under the Azerbaijan Fintech Association in order to fight fraud operations in a coordinated manner. During the meeting, ideas were also exchanged on mutual cooperation with banks and joint fight against fraud.