Corporate treasury departments need a fraud prevention strategy that not only keeps pace, but is one step ahead of the fraudsters. To be truly effective, systems and processes needs to be able to spot…
Read moreby 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
“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
Seven password experts on how to lock down your online security
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
by Kylene Casanova
Corporate treasurers are warned to check they have the latest Alliance Lite2 update and to check with IT on malware that compromised SWIFT software in the $81m Bangladesh bank heist.
by Kylene Casanova
The EY global fraud survey highlights increased pressure on companies to identify and mitigate fraud, bribery and corruption issues.
by Kylene Casanova
A blog posted on the European Payments Council (EPC) website discusses the considerations for a future legislative proposal on e-payments, remittances, prepaid cards and virtual currencies.
by Kylene Casanova
Face, finger print, intra-vein, voice, iris readers for biometrics recognition are now available, but which should you use? And where?
by Kylene Casanova
Fiona Crisp’s six recommendations on how to be in charge of your corporate treasury department
by Kylene Casanova
Be aware of how hackers work and what they are looking for, the techniques to minimise the cybersecurity risks, and have a plan what to do when you are hacked
by Kylene Casanova
Money Laundering Directive came into effect in June 2015 and will impact all types of company, not just financial institutions
by Kylene Casanova
Improve my fraud prevention and minimise cyber security breaches by
by Kylene Casanova
Kapersky Lab yesterday published its report on IT security in 2015, which tracks the evolution of cyber threats in the corporate sector.
by Kylene Casanova
Payments news site The Paypers has published a guide to web fraud prevention and digital identity, providing some insights into fraud risk management in both the consumer and B2B space.
by Kylene Casanova
Proactive detection measures - hotlines, management review procedures, internal audits and employee monitoring mechanisms — are best in catching frauds, whilst external audits the least effective
by Kylene Casanova
Company internal fraud is still the biggest; merchant fraud-to-sales losses rose 94% in 2014
by Kylene Casanova
New identification system on the new Barclays iPortal eliminates PINs/passwords and any sharing as well
