Real-time payment fraud detection backstop from Kyriba
by Jack Large
Breakthrough that corporate treasury needs: real-time detection of specified non-compliant behaviour just before the payment is made
Fraud Prevention
Background
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…
Read moreNot if but when: DDoS attacks pose threat to financial data
by Bija Knowles
Corporate data is increasingly under threat from distributed denial of service (DDoS) attacks, which have risen by 33 per cent, according to Kaspersky Labs
Vital cybersecurity and data-security insights for CYA
by Jack Large
Equifax hearing reveals some ideas for data security, but should you be worrying about your competitors and under reporting
Another weak link in cybercrime prevention? Look to your industrial IT systems
by Bija Knowles
Manufacturing companies are the most susceptible to cyber attacks, according to data released by Kaspersky Lab
Financial fraud lower in 2017, two-thirds of fraud prevented
by Bija Knowles
The loss from financial fraud was £366.4 million in the first half of 2017, according to figures from UK Finance
4 actions for next week: get rid of checks, inventory spreadsheets, fintech basics, protect data
by Dan Blumen , Founding Partner, Treasury Alliance Group
Dan Blumen gives his take on next week’s tasks for the busy corporate treasury department
Investigative Due Diligence solutions and platforms are your future
by Jack Large
IDD is making complex problem analysis and management possible and easy. Achieving new levels of performance and returns in many fields, e.g. managing the anti-money laundering nightmare
Suppliers and partners are biggest cybersecurity risk
by Bija Knowles
The average cost of a cybersecurity incident is growing – and the most costly breaches are due to failures of third parties such as suppliers or business partners
How to protect yourself against the 6 common characters in money laundering
by Jack Large
BAE Systems research shows that money laundering represents the fifth largest economy in the world and equates to 3 per cent of global GDP and how to protect your organisation
Bloomberg and Sthaler open up new markets with biometrics
by Jack Large
Speedy and secure recognition is vital at POS and in KYC
Is blockchain the answer to data security breaches like Equifax?
by Bija Knowles
Several factors made the Equifax data breach particularly serious and costly – so could blockchain technology help make personal identity data more secure online?
How to use manual processes and digital to protect your business from fraud
by Jack Large
Rahman Ravelli Solicitors recipe - manual + digital - is only way to solve problem
Today’s vital fraud prevention questions for the corporate treasurer
by Jack Large
Dare you complete the International Chamber of Commerce’s cybersecurity self-assessment questionnaire?
Changes to the COSO ERM Framework unveiled
by Bija Knowles
One of the most widely applied enterprise risk management frameworks – the COSO ERM framework – has been updated to keep in step with rapidly evolving global business risks
How to protect your company from chargeback fraud
by Bija Knowles
Retailers are increasingly offering customers a choice of online shopping and payment channels but this leaves them open to new types of fraud – and online chargeback fraud is a growing area
Fraud update: the nightmare continues, but new technologies offer hope
by Jack Large
Verizon: Almost half of companies fail on payment security; New techologies: use machine learning combined with AI, and behavioural analytics enable companies to fully understand and minimise cyberfraud
65% drop in global capital flows part of new globalisation paradigm
by Bija Knowles
What are the factors shaping the new globalised financial landscape, from China's increasing connectedness to Eurozone banks retreating from cross-border capital lending?
Cyberfraud - it will be your fault. Protect yourself
by Jack Large
Who is responsible: IT? Internal audit? Corporate treasury? Accounts payable? Government? Global regulators?
UK export-finance up 60% as UKEF keeps eye on corporate compliance
by Bija Knowles
UKEF seeks to stimulate UK exports over the next three years. International trade minister Greg Hands says that corporate compliance also remains a focus
The behaviours that could signal fraud or market abuse
by Bija Knowles
No one likes to think that their behaviour is predictable or transparent but behavioural analytics is effective in uncovering misconduct such as market abuse, insider trading or collusion
Fraud bad news keeps on coming: the simple structures and processes to protect you
by Jack Large
CIFAS: UK Identity fraud at epidemic levels; Symantec: major security breaches record; BELLIN: simple structures and processes that protect the corporate treasury department
Vendor AML Solutions in Asia Pacific
by Jack Large
Kapronasia review 10 firms offering anti-money laundering services in the region
Global Money Laundering risk index rises with Iran rated worst and Finland least risky
by Jack Large
Basel Institute on Governance AML index shows small general worsening BUT five countries deteriorated severely
Biometrics is the answer: what is the question?
by Jack Large
Identifying who is really there is the question. The answer is new form of multi-factor authentication