Category: Risk & Fraud
The Bottomline on fraud and financial crime – a collection of resources to raise awareness
International Fraud Awareness Week may have wrapped for 2021, but that doesn’t mean the threat is over…not by a long shot. The annual November event, organized by the Association of Certified Fraud Examiners (ACFE), serves...
International Fraud Awareness Week: Data analytics feeds anti-fraud investigations
It would be a welcome development if, at some time in the future, we didn’t need an International Fraud Awareness Week. That would mean that our job within Bottomline’s Fraud and Financial Crime team has...
Yesterday’s watchlist screening tools won’t protect you against today’s risks
Watchlist Screening Resources
International Fraud Awareness Week: Connecting data to the customer experience
Now that we’re into International Fraud Awareness Week, I find the amount of discussion around the role of data in fraud defense capabilities striking. It’s a great focus area, especially as machine learning and advanced...
New poll data: Insider and APP fraud need more attention
As International Fraud Awareness Week kicks off, we took the pulse of Bottomline’s LinkedIn audience and found some results that show banks and corporates have a healthy level of concern regarding cyberattacks. But it also...
Building the business case for Confirmation of Payee
Lest you don’t believe that payment security innovation isn’t necessary, consider this payments nightmare straight out of the September 1 issue of The Guardian. It tells the story of a poor bloke who took out...
In Session: educating employees still critical in the fight against email compromise
Considering the ubiquity of email and the awareness employees should have around its security vulnerabilities, fraud should by now be all but stamped out. But it’s clearly not. When you can buy a phishing resource...
It’s complicated: FIs seek solutions for insider fraud in hybrid work environment
The Economist calls them “the new bank robbers.” They’re the insiders, the employees that are taking advantage of data access at organizations in all industries – financial services included – to leak data or manipulate...
NACHA update: Communication security fills the headlines
In case anyone needed a reminder of how aggressive and creative fraudsters can be, last week provided a stark reminder of both. T-Mobile was covered as the victim this time, as it reported that SIM-swap...
