Tag: Fraud

Preventing Fraud and Financial Crime

Preventing Fraud & Financial Crime in Cash Management

Preventing fraud and financial crime has become an all-consuming priority for organizations. After all, according to John Salter, Managing Director of Global Corporate and Financial Institutions, Client Coverage/Origination, GTB, Lloyds. “Cyber-criminals do not discriminate against...

/ November 6, 2018
KYC best practices

KYC Best Practices: 3 Tips for Improving Digital Identity Verification Practices

For banks to grow in today’s technology age it’s critical that they be able to attract new customers through digital channels. But digital identity verification presents a real challenge and KYC best practices aren’t always...

/ September 21, 2018
Treasury Fraud

Understanding the State of Treasury Fraud & Controls

Once upon a time, stealing money from a bank or business meant that criminals had to put on a mask and commit a robbery. Coming into the second half of 2018 however, that thought seems...

/ June 12, 2018
Accounts payable trends

3 Trends Impacting Your AP Department in 2018

For accounts payable (AP) departments, the pressure is on. Traditional responsibilities are shifting and AP is being tasked with driving greater value, cost savings, and efficiencies across business functions. Three industry trends are the driving...

/ May 14, 2018
employee fraud collusion

Identify & Eliminate Fraud Collusion, Part 5

So at this point you’ve done all the dirty work necessary to (mostly) lock down your network. You’re monitoring activity in real time, taking the context of behaviors into consideration, and you’re looking at the...

/ April 27, 2018
Using payment aggregation to drive extra value in your payment infrastructure

Driving extra value from your payment infrastructure – it’s a ‘hell yeah’ decision

We’ve all been faced with the dilemma of trying to ascertain whether or not we should purchase something. Is it really needed? Is it a priority? Is one supplier’s product any better than the other’s...

/ April 24, 2018
SWIFT Customer Security Programme

Meeting the Requirements of the SWIFT Customer Security Programme

With the January deadline for self-attestation to the SWIFT Customer Security Programme (CSP) in the rear view mirror, members of the Swift community find themselves at various levels of compliance. On the whole, many organisations...

/ April 9, 2018

Securing the payment processing lifecycle

In this recurring SmartPayments feature we sit down with professionals from the corporate and banking space to talk with them about the issues they face on a daily basis. In this instalment we interviewed Camille...

/ April 2, 2018
cyber fraud

5 Steps to Detect & Prevent Cyber Fraud

Even though it seems a new data breach is announced daily, many organizations are still unsure about how to protect themselves against attack. With threats originating from inside organizations as well as outside and fraud...

/ February 6, 2018

The business of BEC: Hackers are serious about the business of fraud. Are you?

There’s no question that fraud (especially business email compromise) is rising aggressively, with 75% of companies reporting they have fallen victim to a fraud incident within the past year. As new technologies emerge, fraudsters are...

/ November 14, 2017