Fraud is wrongful deception for financial gain. The global levels of fraud are huge and growing: according to the Association of Certified Fraud Examiners (AFCE) in the USA, a typical business loses 5…
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by Pushpendra Mehta , Executive Writer, CTMfile
Armed with five vital insights, CFOs and corporate treasurers can confront payments fraud threats and shield their organizations from financial harm.
by Pushpendra Mehta , Executive Writer, CTMfile
Treasury, payment and fraud control executives in the ecommerce realm should note that the most popular payment methods have the highest fraud rates.
by CTM News Team
Discussing treasury news: ransomware surge, recession risk, FX innovation, and rising oil prices.
by Pushpendra Mehta , Executive Writer, CTMfile
Humans remain the weakest link in cybersecurity, contributing to the spike in the severity of financial losses related to ransomware attack claims.
by Pushpendra Mehta , Executive Writer, CTMfile
As generative AI and predictive AI technologies converge and advance, the cost of attempting payments fraud is likely to exceed the potential gains.
by Graham Buck
UK Labour government ʺcould borrow more”; BBVA plans German digital bank; Crime spike in cashless Sweden; China presses for lower card fees
by Graham Buck
Saudi Arabia joins Project mBridge; Help planned for US small businesses; Apple joins forces with OpenAI; Shangri-La Asia issues first panda bond
by Pushpendra Mehta , Executive Writer, CTMfile
Knowledge about prominent existing and emerging types of payment fraud serves as the first crucial step in fraud detection and prevention.
by Graham Buck
ABN Amro acquires German bank; Global debt “has risen to US$315 trillion”; N26 blames regulator for lost growth; IFS-PwC UK sustainability venture
by Graham Buck
BNP Paribas steps up decarbonisation drive; Yellen urges tougher Russia sanctions; World Bank first with CHF digital bond; Qatar US$2.5bn green bond
by Graham Buck
Japan's economy shrank in Q1; Klarna's staff embrace AI; EU issues anti-greenwash guidelines; Reshaping of global supply chains accelerates
by Graham Buck
China to launch bond sale Friday; BBVA bid for Sabadell turns hostile; UAE and Indonesia strengthen trade relations; AI to combat supply chain fraud
by Graham Buck
Australia holds interest rate at 4.35%; Markets primed for June rate cut from ECB; Japan bids to host ADB summit 2027; Saudi Arabia and UAE compete
by Graham Buck
First US bank failure of 2024; Today is National Supply Chain Day; Visa and Tink bring open banking to US; Digital euro "will arrive before 2030"
by Graham Buck
Hong Kong help for SMEs; Commerzbank fined €1.45m for AML breaches; Standard Chartered builds on aXess; Citi sells maple bonds
by Pushpendra Mehta , Executive Writer, CTMfile
The vulnerability of cheques to payments fraud underscores the need for treasurers to implement adequate controls to safeguard against fraud risks.
by Graham Buck
CHIPS migrates to ISO 20022 messaging; IMF sees productivity crimping growth; Fitch's China downgrade riles Beijing; Pension fund giants partner
by Graham Buck
BIS launches Project Agorá; Singapore sets up AML data sharing platform; GE completes its three-way split; Growth forecast for embedded finance
by Graham Buck
China woos foreign investors; Boardroom reshuffle at Boeing; Bombardier raises US$750m via junk bond; More central banks shift rate policy
by Graham Buck
Reddit valued at US$6.4bn ahead of IPO; Malaysia expects 4-5% growth in 2024; Fed reassures on rate cuts; UK retailers get embedded finance lift
by Graham Buck
Japan's unions win major pay hikes; Swift to assist Bangladesh central bank; Israel plans for shekel CBDC; €240m funding for sustainability in Africa
by Graham Buck
Egypt’s inflation jumps to 35.7%; India signs US$100bn free trade deal; NatWest to exit BNPL market; Inditex investors seek supply chain transparency
by Graham Buck
US economy ends 2023 on a high; Deutsche updates sustainable investment guide; Verizon completes sixth green bond; Action plan on plastic pollution
by Graham Buck
South Korea boost for open banking; Frankfurt to host new AML authority; China "exports to US via Mexico"; BNY Mellon launches US dim sum bond service
