Counter-fraud

Blockchain is often described as a problem in search of a solution, but eGaming on the Isle of Man has provided a surprisingly obvious application for the technology.

In-house fraud prevention teams and fraud solution vendors should step forward now and take the lead in an area which is so critical to them

‘Take Five North Yorkshire’ is a six month awareness campaign and is designed to help the public to recognise fraudulent activity and confidently challenge any requests for personal or financial details.

https://www.yorkshirecoastradio.com/news/local-news/2547290/north-yorkshire-police-launch-campaign-against-fraud/

By automating document analysis, AI technology allows the SFO to investigate more quickly, reduce costs and achieve a lower error rate than through the work of human lawyers, alone.

https://www.sfo.gov.uk/2018/04/10/ai-powered-robo-lawyer-helps-step-up-the-sfos-fight-against-economic-crime/

Is digitisation the best defence against fraud in accounts payable?

https://www.accountancyage.com/2018/04/05/can-accounts-payable-departments-protect-fraud/

NatWest claims to have saved its corporate clients over £7 million through the use of a purpose-built system to detect and prevent invoice redirection fraud - where businesses are duped into paying money into a fraudster’s account rather than to their intended supplier.

https://www.finextra.com/newsarticle/31899/natwest-and-vocalink-use-machine-learning-to-tackle-invoice-redirection-fraud

Part 2: Why Good People Do Bad Things

https://www.linkedin.com/pulse/investigators-guide-ethics-part-2-why-good-people-do-hood-cfe-mba/

Are fraud reporting hotlines worth it? Yes, according to the ACFE’s Report to the Nations, a biennial global study on occupational fraud.

http://acfeinsights.squarespace.com/acfe-insights/2018/3/23/5-ways-to-build-trust-in-a-hotline-reporting-program

A new report from NatWest has identified the top ways they expect fraudsters will try and get their hands on people’s cash in 2018.

http://www.itv.com/news/tyne-tees/2018-03-20/keep-yourself-safe-from-fraud/

Cyber Crime and Online Fraud is a growing epidemic worldwide, with fraudsters using the power of the internet and various cunning methods to try and get their hands on funds from online bank accounts.

https://www.tbos.com/protecting-your-cash-from-fraudsters-what-are-the-basics/