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 moreby Kylene Casanova
The European Banking Authority has published its response to the EC's proposal to bring virtual currency exchange platforms and pre-paid cards within the scope of the 4th Anti-Money Laundering Directive.
by Kylene Casanova
FICO report showed increases in most countries studied with Greece, Denmark, France and Russia posting the highest rises after the UK, AND significant differences in types of fraud/country
by Kylene Casanova
Questions that will lead to action in today’s complex and regulated world
by Kylene Casanova
Despite huge investment in compliance, levels of economic crime are growing. New thinking is needed. Could war game simulations help companies prepare for and respond to crime more effectively?
by Kylene Casanova
Kount and Blue Snap show how tight fraud control can enable merchants to grow revenue without worry and at same time cut costs
by Kylene Casanova
Four resources that businesses can use to protect themselves from cyber crime
by Kylene Casanova
UK’s NCA Strategic Cyber Industry Group concluded: “Perfect security is almost impossible”, so your board better have appropriate answers to these questions or are you already in big trouble?
by Kylene Casanova
Stronger partnership between law enforcement, government and business is essential to mimimise fraud but “Perfect security is almost impossible”
by Kylene Casanova
What can banks offer in the debate over digital identity as the race for dominance continues
by Kylene Casanova
The first internationally agreed guidance on cyber security for the financial industry has been published by two financial markets authorities.
by Kylene Casanova
Minimise fraud losses by reducing no. of fraudulent transactions; maximise revenue - ensure genuine orders are recognised and processed easily and speedily., whilst keeping operational costs to the minimum
by Kylene Casanova
A report by Strategic Treasurer and Bottomline Technologies has found that the most-reported attempted fraud for corporate treasury is the good old cheque, reported by 39% of companies.
by Kylene Casanova
Every organisation is unique, pick from what the leading spy catchers, governments and other experts recommend to develop your own way of working
by Kylene Casanova
Cybersecurity metrics are essential in managing your actual security risk, it is NO GOOD relying on what you believe to be in place. AND remember: “There is no guaranteed security, only less risk.”
by Kylene Casanova
Standard Chartered and DBS Group Holdings have announced their collaboration on developing a trade finance invoicing system based on distributed-ledger technology.
by Kylene Casanova
A survey by Kyriba and the ACT has found a mixed picture of increasingly strategic roles for corporate treasury, together with continuing challenges in global cash visibility and fraud.
by Kylene Casanova
Following the Bangadesh Bank heist in February, on Friday SWIFT announced further attacks by cyber criminals using malware to defraud banks. Now Vietnam's TPBank says it has interrupted an attack.
by Kylene Casanova
SWIFT has issued a joint statement with the New York Fed and Bangladesh Bank but doesn't address the issue of how $81 million was stolen and which party was liable for the security breach.
by Kylene Casanova
Mobile payments are becoming an integral part of receivables for many companies but few have struck the right balance between online security and a sleek customer experience. Fingerprints could be the answer.
by Kylene Casanova
“89% of corporates have not had a good KYC experience, and 13% had changed their financial institution relationship as a result”. Each FI is spending on average $60m and some upto $500m annually on KYC
by Kylene Casanova
Research by McKinsey looks at the economic impact of the shift towards the globalisation of big data and what this means for multinational companies.
by Kylene Casanova
Seven password experts on how to lock down your online security
by Kylene Casanova
John Bullard, IdenTrust’s Global Ambassador, discusses how a GTN will facilitate inter-operability across the digital world and why digital e-Identities could re-invent the role of the bank in the 21st century
by Kylene Casanova
IdenTrust’s Global Ambassador, John Bullard explains the basics of e-Identity and why it is vital in today’s digital age
