✓ Unraveling Fraud in the Banking Industry: Causes and Prevention Strategies

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The banking industry plays a crucial role in global economies, providing financial services and safeguarding people's money. However, like any other industry, it is not immune to fraudulent activities that can wreak havoc on individuals and institutions alike. Fraud in the banking sector poses significant risks, including financial loss, damage to reputation, and erosion of customer trust. To combat this menace effectively, it is essential to understand the causes behind such fraudulent activiti…

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