Credit Card News LogicaCMG Research Finds Financial Industry 'failing To Act In Battle Against Crime' 2997182
LogicaCMG research finds financial industry ‘failing to act in battle against crime’
01 December 2003
LogicaCMG has carried out research which shows that while concern amongst UK financial institutions regarding financial crime has grown to unprecedented levels, most institutions have little or no dedicated budget to fight it.
Guy Warren, its managing director of financial services in the UK, said: ‘This research demonstrates a worrying level of apathy in investment of holistic models to battle financial crime in UK financial institutions.’