How Absa Scaled Secure File Transfer to 1.4 Million Daily Transactions
April 13, 2026
From IBM to intelligent file transfer automation: How Absa scaled secure file transfer to 1.4 million daily transactions with Progress MOVEit software.
Wire fraud is a federal offense under U.S. law and refers to fraud committed using electronic communications, such as telephone or computer. Unfortunately for financial institutions, wire fraud is on the increase, and not just in the U.S.
Bursting with personal information and financial details for students and employees, as well as valuable research information that could result in financial loss if stolen, Universities are seen as having lax systems and an abundance of reward.