Fraud prevention in Egypt’s banking and financial sector is a critical concern in an era marked by technological advancements and evolving financial landscapes. As financial institutions embrace digitalisation, the risk of fraudulent activities has grown, necessitating robust preventive measures. Though many banks and financial institutions still face challenges in reducing fraud, they can adopt various strategies to help them mitigate the risks. Innovative Fraud Prevention in Egypt’s Banking Sector Egyptian financial institutions have made considerable strides in bolstering fraud prevention mechanisms. Banks have implemented various security measures, including multi-factor authentication
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