In general, fraud and theft in companies are conducted by internal parties. Based on the Global Fraud Survey by Kroll and the Economic Intelligence Unit, in 2011, 60% of the frauds were committed [...]
The global insurance industry is the world’s largest business sector with an annual turnover of US$ 4.6 trillion and an asset portfolio of US$ 25 trillion based on Berkeley Lab data. However, [...]
The endless wave of financial technology (FinTech) inevitably will change the system of financial institurions on a global scale. Financial institutions have only two choices: adopt FinTech or be [...]
Fraud has always been a challenge for financial institutions, especially with the development of the digital world. Digital innovation opens more opportunities for fraudulent acts and brings [...]
