e-Identity 01: the Basics
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
Minimizing Payment Fraud
Background
One of the biggest sources of fraud in most organisations is payment fraud. Typically the biggest sources of payment fraud are from: cheques particularly in accounts payable and disbursement accounts.…
Read moreCorporates warned to check Alliance Lite2 update following SWIFT software hack
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.
Three out of four companies choose banks based on online security
by Kylene Casanova
Three-quarters of companies select their banks according to security reputation while 88 per cent are willing to pay higher fees for banks with a proven security track record.
73% of US businesses subjected to payments fraud in 2015
by Kylene Casanova
Research by the Association of Financial Professionals (AFP) has found that almost three-quarters of companies in the US are targeted by criminals for payments fraud.
UK 2015 fraud from payment cards, remote banking & cheques up 26% to £0.775bn
by Kylene Casanova
Payment cards and remote banking are the major sources of fraud; old fraud scams still working plus 92% increase in telephone banking fraud
Key factors the payments industry must tackle to beat terrorist financing
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.
Biometric recognition is coming, solving the ID problem everywhere? Not just yet..
by Kylene Casanova
Face, finger print, intra-vein, voice, iris readers for biometrics recognition are now available, but which should you use? And where?
Best practices in treasury department security and controls
by Kylene Casanova
Fiona Crisp’s six recommendations on how to be in charge of your corporate treasury department
The A-Z of minimising cybersecurity risks and the silly things we do today
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
On the sixth day of Christmas Sherlock Holmes and Edward Snowden told me how to:
by Kylene Casanova
Improve my fraud prevention and minimise cyber security breaches by
Cyber threats: corporates must beware ransomware in 2016
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.
Guide to web fraud and digital identity
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.
Global fraud loss $3.7 trn in 2014 ACFE estimate with occupational fraud biggest
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
FRAUD, the fastest growing business on the planet, is booming
by Kylene Casanova
Company internal fraud is still the biggest; merchant fraud-to-sales losses rose 94% in 2014
Barclays change identification rules: no need for ‘What you know’ to identify user
by Kylene Casanova
New identification system on the new Barclays iPortal eliminates PINs/passwords and any sharing as well
Personal accountability and tighter fraud controls in wake of ‘Yates memo’
by Kylene Casanova
The 'Yates memo' called on companies across the US to cooperate with DOJ investigations, while individuals will be held accountable. This will have a critical impact on corporates. Here's why.
Pelican Sanctions filtering service opens door to stress free life for corporate treasury
by Kylene Casanova
No more sanctions breaches with new service that gives the user a clear understanding of the risk profile of each customer, supplier and employee
Card-Not-Present and cross-border card fraud in Europe is rising
by Kylene Casanova
Card fraud is still a lucrative source for criminals in Europe
Supply chains are the weakest link in cyber crime
by Kylene Casanova
What are the questions that can protect your supply chain from cyber crime?
US merchant card processing fees rising and also many merchant not ready for EMV
by Kylene Casanova
General purpose and private label credit, debit, and prepaid cards cost on average 1.51%
Usage of Managed Know Your Customer Services grows
by Kylene Casanova
Even major investment firms - Stifel Nicolaus and BlackRock - are signing up for Thomson Reuters Org ID Know Your Customer Managed Service
Corporates need alternative approach to cybersecurity
by Kylene Casanova
Cyber crime could quadruple in the next four years. That's why corporates need to change their game in protecting their online data.
SWIFT’s KYC Registry has users in more than 100 countries
by Kylene Casanova
Banks are exchanging KYC data via service world-wide
AFP Payments Security Guide: insights for fighting payment fraud
by Kylene Casanova
Identify any weak payment channels or routines; develop practical and preventive measures to improve payment security; and what to do if fraud occurs