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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 per cent of its revenue to occupational fraud and abuses every year, representing $3.7 trillion globally… Read more about Fraud Prevention
by Bija Knowles
Few corporates are confident of their ability to detect sophisticated cybercrime but a strategy to respond to a data breach and comply with legal obligations should be part of every corporate plan
by Bija Knowles
Software as a service (SaaS) is making the implementation of e-signatures faster to deploy, while the use of e-signatures is reducing errors, improving productivity and reducing staff hours
by Bija Knowles
High-profile cyberattacks and new cybersecurity-related regulations are changing the way companies are viewing not only their own cybersecurity risks, but also those of third parties
by Jack Large
Quantum computing is requiring an overhaul of our cryptographic tools, claims ISARA, nevertheless discipline to avoid self-inflicted fraud still needed
by Bija Knowles
The 2017 Faces of Fraud Survey, conducted by iSMG in collaboration with Vasco, suggests that the majority of banks (87 per cent) don't identify fraud in real time
by Bija Knowles
UK Finance, the association for the UK banking, payments and financial sectors, has warned that companies and consumers lost more than £100 million to transfer scams in first six months of 2017
by Jack Large
Sunlight Payments will revolutionize the way charitable organizations and NGOs around the world manage and track their payments and grants
by Bija Knowles
It's not always instantly obvious that cybersecurity has been breached but detection and response times are critical because immediate detection reduces the average cost of recovery dramatically
by Bija Knowles
Research highlights several problems with the KYC process globally, including excessive contact from financial institutions, inconsistent requests and security concerns
by Jack Large
Are they really a “strategic business partner to the board of directors”? New survey finds that CFOs aren’t always delivering
by Bija Knowles
Customer authentication needs a more coordinated approach from banks, as just 28 per cent have a unified approach to cross-channel authentication management
by Jack Large
UK Government National Risk Assessment 2017 concludes that e-money - medium impact and digital currencies - low impact. Overal UK is making good progress
by Jack Large
Do we need hackers to protect us? But when countries are involved why bother?
by Bija Knowles
The consequences of suffering a cyberattack are serious, from costly and reputation-damaging disruption to operations, to data breaches – so why are so few companies preparing properly?
by Jack Large
Breakthrough that corporate treasury needs: real-time detection of specified non-compliant behaviour just before the payment is made
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
by Jack Large
Equifax hearing reveals some ideas for data security, but should you be worrying about your competitors and under reporting
by Bija Knowles
Manufacturing companies are the most susceptible to cyber attacks, according to data released by Kaspersky Lab
by Bija Knowles
The loss from financial fraud was £366.4 million in the first half of 2017, according to figures from UK Finance
by Dan Blumen, Founding Partner, Treasury Alliance Group
Dan Blumen gives his take on next week’s tasks for the busy corporate treasury department
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
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
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
by Jack Large
Speedy and secure recognition is vital at POS and in KYC