Strengthening Counterparty KYC Due Diligence
Besides non-compliance, counterparty KYC inadequacies in FIs also aggravate the potential of fraud risk. FIs need to look beyond regulatory compliance aspect of counterparty KYC.
Securing Alternative Lending from Fraud
Fraudsters are increasingly targeting online lenders and emerging financial services. Here’s a quick primer on the challenging scenario.
Payments Fraud: Sizing up the Menace
Payments fraud is expected to top $22 bn this year. Here’s a quick look at the trends and factors driving the menace.
Understanding The Real Cost Of Banking Fraud
The unseen impact of fraud is much more than the obvious monetary losses. Take a look at a few key factoids and preventive measures.
Detecting Application Fraud
Falsifying income and credit history when applying for a mortgage, credit card, savings account or insurance policy continues to be on the rise. While fraudulent applications are expected to continue, here are some signs to spot anomalies.
The Year That Was! 2018 Fintech Trends
A quick roundup of trending topics over the year featuring AI, ML, Fintech, Regtech, Blockchain, PSD2, GDPR, contextualization, security and AML compliance.