The banking sector is facing an unprecedented operational crisis due to the sharp increase in losses from external fraud, highlighting that recent legal reforms have been insufficient to curb the escalation of these crimes. Financial institutions are reporting millions in losses that threaten the stability of the sector, underscoring the urgent need to adopt more effective measures to protect both banks and consumers from this wave of illegal activities. This financial deterioration is directly attributed to previous evidentiary standards that, by requiring gross negligence or intent, facilitated the emergence of "self-fraud" and discouraged shared responsibility. The industry warns that without structural correction, the viability of payment methods is at critical risk, which has driven the need to modify refund timelines and establish new suspension mechanisms to curb impunity and restore confidence in the system. The relevance of this report for open data lies in the need for transparency and access to accurate operational data to improve governance and regulatory oversight. Publishing detailed figures allows civil society and analysts to audit the effectiveness of new regulations, fostering an ecosystem where accountability is based on public evidence. Additionally, robust open data is essential for developing predictive risk models and designing public policies that safeguard the integrity of the financial market, promoting greater digital security for all users.
Source: df.clPublished on 2024-08-22
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