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 ...

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 ...

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 ...

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 ...