11 Steps To Prevent Fraud and Theft
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 [...]
Future Insurance Fraud Detection (I): The Essential Role of Big Data Analytics
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, [...]
7 RegTech Categories That Will Change The Systems of Financial Institutions on Global Scale
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 [...]
Collaboration between Human and Artificial Intelligence (AI), the Future of Fraud Prevention
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 [...]
