FRAUD PREVENTION
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Where's the beef? Developing a Deeper Understanding of Potential Fraud Schemes
Where's the beef? The new IIA (Institute of Internal Auditors) global internal auditing standards focus on internal auditors proactively assessing…
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Romance scam reports increase by 9% in UK
Payment service providers and online platforms have a role to play in combating romance fraud, the UK's Financial Conduct Authority…
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Data beats instincts in the competition to surpass fraudsters
Real-time payments are exciting for consumers and businesses with immediate fund transfers, but the same speed attracts fraudsters. Banks eager…
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Regulators' phone calls Spurs comments on payment fraud
Fraud continues to plague payment systems – and regulatory agencies Require Answer. Banks, credit unions and payment networks respond to…
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Risk experts tell Congressional banks need to unify fraud
With the help of advanced technology, fraudsters pose a universal and escalating threat to the financial system, financial services and…
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Financial leaders warn against giving AI 51% stake in decision-making
Financial institutions have long regarded customer data as proprietary assets, but the new PYMNTS report says: “With fraud and find…
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Auditors understand the obligations of fraud schemes
New IIA (Internal Audit Institute) Global Internal Audit Standards will focus on internal auditors actively assessing and mitigating the risk…
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Delegate to add Mastercard insights to the authentication platform
The combination provides intelligent pre-screening, the company said in a Tuesday (September 9) press release on Tuesday (September 9) that…
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SEC launches working group to prevent fraud against investors
The SEC is working to combat cross-border fraud against U.S. investors. A new cross-border working group announced by the Securities…
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Fincen encourages financial institutions to share information
The Financial Crime Law Enforcement Network (FINCEN) released a guide Friday (September 5) that aims to encourage appropriate voluntary sharing…
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