The world's biggest banks find monitoring for suspicious activity "ineffective". In a "True Risk-Based Approach", the group now proposes access to customer social media, IP addresses, and device IDs.
The Wolfsberg Group, an association of Banco Santander, Bank of America, Barclays, Citigroup, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, MUFG Bank, Standard Chartered Bank and UBS, has issue… [+3771 chars]
