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Here Is OTP's Response to the MNB's Anti-Account Fraud Package: the Damage Cannot Be Blamed Solely on the Banks - Pénzcentrum

Summary by Pénzcentrum
OTP Bank responded to the MNB's anti-fraud package in a statement, highlighting that it has spent more than HUF 5 billion on fraud prevention in the past three years and has prevented approximately HUF 17 billion in fraud. At the same time, the bank warns that excessive bank responsibility may increase irresponsible customer behavior.
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OTP Bank responded to the MNB's anti-fraud package in a statement, highlighting that it has spent more than HUF 5 billion on fraud prevention in the past three years and has prevented approximately HUF 17 billion in fraud. At the same time, the bank warns that excessive bank responsibility may increase irresponsible customer behavior.

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Pénzcentrum broke the news in on Thursday, June 5, 2025.
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