BITS is the technology policy division of the Financial Services Roundtable (FSR) which delivers thought leadership to address current and emerging technology and security challenges facing the nation’s largest financial institutions.
The Fraud Reduction Program reduces fraud losses for member institutions and the industry by identifying fraud trends and examining risks associated with current and evolving areas. Focuses include payment mechanisms and processes, mortgages and home equity lending, remote channels, and various financial services products and technology.
Since 1998, the Fraud Reduction Program has provided financial fraud prevention specialists a place to collaborate, share information, develop best practices, and partner with law enforcement and other organizations fighting financial crime.