Employees are valuable assets of companies of any size, especially for startups. As startup companies are still in their early stages, they need to race against time to grow with limited [...]
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 development of digital technology brings both advantages and threats. As more and more businesses become digitally connected, there are increasing reports of cyber security risks worldwide. [...]
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 [...]
September of 2017, United States citizens were surprised by the hacking of Equifax, the company’s providers of reports and credit scores. A total of 143 million credit card user data was [...]
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 [...]
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 [...]
Fraud becomes a classic problem, even a silent killer for a company. Although every company claims that they were free of fraud, but in reality, no company is completely free from fraud threats. [...]
Internal controls are sometimes not enough to detect a fraud. A survey conducted by Price Waterhouse Cooper in 2007 found that professional auditors were only able to detect 19% of frauds that [...]
Does your organization have a strategy to fight fraud? Since the risks of fraud cannot be underestimated, it is not enough just to detect and investigate fraud. Fraud can never be eliminated from [...]
