Tag: risk and fraud

Cybercrime as a Service

Navigating the Era of Cybercrime as a Service

Just as banks are digitally transforming their operations, criminals have digitally transformed the way they rob banks. No longer does a crook walk into a bank branch with the hope of getting away with thousands....

/ March 30, 2020
innovation in the payments and banking Industries

Survey Reveals Integration Is the Biggest Barrier to Innovation in Payments and Banking

In a recent survey of AFP conference attendees, professionals weighed in on the most pressing factors currently influencing innovation in the payments and banking industries — from the rise of Artificial Intelligence (AI) in processes...

/ February 10, 2020
compliance, fraud, and sanctions

Compliance, Fraud & Sanctions: The Escalating Impact on Business

KNOWING THE RISKS Compliance, fraud, and sanctions continue to be top of mind for payments professionals. When it comes to mitigating fraud risk, cyber attack is top of the list. Just over three quarters (78%)...

/ November 18, 2019
Fraud Trends

The Future of Fraud: Fraud Trends Research and Insights

For the 4th year in a row, Strategic Treasurer and Bottomline Technologies have partnered to develop comprehensive market research and uncover vital insights related to current fraud trends. This year’s results were provided by nearly...

/ July 8, 2019
cyber security for small businesses

Cyber security for small businesses: Spotting the red flags & stopping potential attacks

Cyber security for small businesses is a big issue but they struggle to give security the right time and resources. Here's guidance on how to handle it...

/ January 8, 2019
SWIFT Customer Security Controls Framework

How to use the SWIFT CSP Framework to Create an Unfair Advantage for Your Business

The SWIFT Customer Security Controls Framework can create an unfair advantage for your business to stay ahead of the threat of fraud. We explain how...

/ December 17, 2018
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. Here's how to secure payments across the digital enterprise...

/ November 6, 2018
Swift Customer Security Controls framework

Everything you need to know about the Updated SWIFT Customer Security Controls Framework

It’s been nearly 2 years since the launch of the original Customer Security Programme (CSP) and yet everything we thought we knew about it has changed, including the name, which is now the SWIFT Customer...

/ October 15, 2018
payment fraud diversion

Forensic Files: Strategies to Defend Against Payment Diversion Fraud

Payment diversion fraud might hide behind aliases such as mandate fraud, invoice fraud or business email compromise, but regardless of what you call it, it’s a big threat to business. According to Andy Fyfe, detective...

/ September 24, 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