Latest tips and services for preventing cyberfraud
by Kylene Casanova
Dangers of social media, AML best practices, avoid ransomware and enhancing qualification capabilities online
Anti-Money Laundering
Background
The Money Laundering Control Act of 1986 is a United States of America Act of Congress that made money laundering a Federal crime. This legislation combined with other legislation such as the European…
Read moreIs this how KYC is going to work? Give all processing to third party operators?
by Kylene Casanova
Standard Chartered Bank to join Thomson Reuters KYC Managed Service for Africa becoming fourth bank to join regional partnership to accelerate on-boarding of customers
Cybersecurity performance can be managed, but only if measured
by Kylene Casanova
Creating and Measuring Effective Cybersecurity Capabilities - The Cybersecurity Risk Handbook
Banks turn to regtech as new risks arise in compliance environment - survey
by Kylene Casanova
A survey by SWIFT and Dow Jones Risk & Compliance suggests that three-quarters of anti-money laundering (AML) professionals working in banks see new risks and challenges for preventing financial crime
Minimise your fraud: use these Cybersecurity tips & ideas from THE experts
by Kylene Casanova
THE Cybersecurity reports and sources you should use to minimise cyber fraud and other fraud
Attack the Humans! They are to blame for much of corporate finance scams
by Kylene Casanova
Verizon’s data breaches report shows the dynamics of cyber fraud and what to do about breaches in each industry sector
KYC alone is not enough to prevent AML and other fraud types
by Kylene Casanova
“Know your transaction” and “KYC recency” are vital, but will it ever be achieved? How are corporates going to do this?
Four global trends that will alter how we fight financial crime
by Kylene Casanova
Regulation, political turbulence and evolving operational challenges are making 2017 a challenging year for those in the front line in fighting financial crime – including corporates and banks
Does your board need to be trained on cybersecurity?
by Kylene Casanova
NACD online training course might be just what they need
Guidelines clarify AML/CFT rules for EU funds transfers
by Kylene Casanova
The EU's banking and financial markets authorities have launched a public consultation on the abuse of funds transfers for the use of terrorist financing and money laundering
UK’s new Criminal Finances Bill will increase focus on corporate compliance
by Kylene Casanova
The Criminal Finances Bill will create two new corporate offences of failing to prevent the facilitation of tax evasion. Companies will need to put prevention procedures in place and increase compliance
The end of the dongle? The end of the token? ……. NOT YET
by Kylene Casanova
CitiDirect BE® enhances clients’ experience by leveraging their personal mobile devices for convenient, secure authentication
To buy or to build? Key questions on choosing a fraud management tool
by Kylene Casanova
A report by Kount looks at the pros and cons of buying compared to building a fraud prevention system, concluding that there are instances where companies can benefit by building components in-house
How SWIFT is helping banks to respond to cybersecurity breaches & vulnerabilities
by Kylene Casanova
SWIFT Security Bootcamp Singapore 2017 - build capability to respond to banking cyber threats
Post ABB fraud: Use these checklists to save your job
by Kylene Casanova
Have you checked your corporate treasury department security gaps? Constant vigilance and improvement in controls & procedure is essential, even well run companies are vulnerable
Country treasurer involved in $100m fraud in a “sophisticated criminal scheme” at ABB
by Kylene Casanova
Shows fraud can happen anywhere, as Swiss engineering company says South Korean corporate treasurer suspect went missing on 7 February
Will these products stop your concerns: “Are they actually who they say they are?”
by Kylene Casanova
Thomson Reuters launch new solutions: to streamline the identity verification process – CLEAR ID Confirm and an Authenticator multi-factor authentication app
Global profiles of the fraudster - How they do it and how to fight back
by Kylene Casanova
KPMG study shows that technology and weak controls fuel global fraud
KPMG Fraud Barometer shows fraudulent activity in UK was over £1bn again
by Kylene Casanova
Cyberfraud increased massively as profit oriented cyber-criminal enterprises emerge
Despite the volatility, is it time to reconsider Bitcoin?
by Kylene Casanova
With headlines this week telling us 'Bitcoin is getting demolished', it's natural to continue giving the cryptocurrency a wide berth – but there are reasons to reconsider the advantages of Bitcoin
Fraud in 2017 is going to get worse for banks and corporates
by Kylene Casanova
How to prevent this happening in your organisation
Cybersecurity: the only solution that works + “striking right balance” when hacked
by Kylene Casanova
Holistic approach across whole company and supply chains + integrated behavioural systems TO REALLY TACKLE FRAUD
3 ways the US must improve its AML/CFT framework
by Kylene Casanova
Lack of clear data on beneficial ownership is named as one of the “serious gaps” in the US anti-money laundering regime, according to FATF's first Mutual Evaluation report in 10 years.
New collaboration to help corporations meet regulations & fight cybersecurity risk
by Kylene Casanova
Thomson Reuters, Pillsbury, and FireEye combine to provide integrated legal counsel, technical assessments and legal managed services to help meet a variety of internal, external and regulatory standards