By Andrew Doyle, CEO, AML compliance software, NorthRow There’s no escaping the fact that incidents of fraud are growing, and at an alarming rate. In fact some of the statistics make for…
Tag: fraud
Defeating Frankenstein’s monster: A tale of the financial industry’s fight against synthetic identity fraud
By Alex Tonello, Chief Revenue Officer, Trustfull What do Mary Shelley and financial fraudsters have in common? They’ve both created fake characters that were made of component parts of other people. Or,…
The Buy vs. Build Dilemma – how financial services firms can save around two-thirds on risk orchestration fraud and financial crime costs
By Edward Vaughan, senior director at LexisNexis Risk Solutions, looks at the potential costs of buying or building a risk orchestration platform. The benefits of orchestration Risk orchestration is gaining incredible traction…
ERC fraud and how to avoid it
By Brock Blake, CEO of Lendio The Employee Retention Tax Credit (ERC or ERTC) was originally passed as part of the CARES Act, which provided a tax credit to eligible small businesses…