As with any financial asset, increased acceptance is coupled with a rise in fraud attacks ... Fast-pay merchants (such as ATMs, vending machines, quick-service eateries) cannot afford to wait for ...

This magnitude of financial and reputational risk underscores ... it should be embedded within the broader fraud risk management framework. This integration involves: Aligning the EFRA with ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial ... size of the company. Well-run companies have a comprehensive risk management framework in place ...

The Board of Directors (the BoD) approves the risk management ... firm-wide non-financial risk appetite has been established at the Group and business division levels. Non-financial risk events ...

Fraud management and anti-money laundering represent two distinct disciplines in financial crime prevention. While AML primarily is a compliance-driven function, fraud is a risk management function ...

The consequences of financial fraud can be severe, affecting a company’s return ... to adopt a modular approach to risk management. This innovative framework allows organizations to consolidate ...

About 48 per cent of Middle East respondents in a survey cited fraud and corruption as the greatest risk to their company ... to significant financial and reputational harm. Management teams ...

Recommended ‘Is the FCA’s latest fraud ... market firms that identified “a culture and mindset which underestimates the risk of brokers committing or facilitating . . . financial ...