Title: Absa’s Head of Financial Crime in Seychelles: Battling Identity Theft and Fraud in the Post-COVID Era

Collin Dubignon’s Journey in Combating Financial Crime at Absa Bank Seychelles

In the digital age, identity theft and financial fraud pose significant risks. Collin Dubignon, Absa Bank Seychelles’ Head of Financial Crime, discusses his experiences and the importance of combating fraud in today’s world.

Background and Role

Collin Dubignon joined Absa Bank Seychelles 14 years ago and progressed through various positions, including Payments, Governance, and Control, Fraud Management, and currently, serving as the Head of Financial Crime. In this role, he plays a crucial part in guiding the bank’s efforts in preventing financial crime, which encompasses Anti Money Laundering, Sanctions, Anti Bribery, Corruption, and Fraud Risk Management.

Collin explained, “I offer expertise on financial crime and fraud management, and I oversee the implementation and improvement of fraud processes, procedures, and controls. I also represent Absa Seychelles’ Fraud team and our mission across the organization.”

A Day in the Life: The World of Counter Fraud

Collin’s day often begins with catching up with his team to discuss any unusual transactions and manage emergencies. His day could involve attending a critical meeting one moment and handling a fraud case the next. Despite the unpredictability of the role, Absa Bank ensures a thorough approach to maintaining a strong fraud prevention strategy.

Absa Bank Seychelles: Leveraging Technology for Fraud Prevention

As a trailblazer in technology adoption in Seychelles, Absa Bank employs advanced technology such as Artificial Intelligence (AI) and threat detection systems to combat fraud. AI apps can alert analysts to suspicious transactions for review, granting real-time fraud detection and a prompt response to emerging threats. Machine learning algorithms analyze and learn from analysts’ assessments, refining their ability for accurate identification and prevention of fraudulent activities.

Safeguarding Yourself Against Identity Theft and Financial Fraud: Advice from Absa Bank Seychelles’ Head of Financial Crime

Throughout Fraud Awareness Week, Absa Bank Seychelles champions financial literacy and awareness. Collin emphasizes the importance of securing personal information and practicing caution when sharing it or engaging on social media. “Be vigilant about sharing personal details with unverified individuals or organizations, exercise caution when using websites, and monitor your bank account for suspicious activity to minimize potential damages.”

To learn more about Absa Bank Seychelles and their mission to combat financial crime, visit their website.

Collaboration and Commitment: Winning the Fight Against Financial Crime

By being proactive, both financial institutions and individuals can reduce the risk of falling victim to fraud and identity theft. With continuous advancements in technology, it becomes essential to develop and implement effective strategies to counteract these threats.

Collin Dubignon, Absa Bank Seychelles’ Head of Financial Crime, is at the forefront of these efforts, dedicated to ensuring the bank’s and its clients’ financial security in an evolving digital landscape.