How businesses can manage fraud and risk without compromising on customer experience

Businesses have witnessed an influx of fraudulent activity over the last few years. Merchants and e-commerce brands are feeling the pressure to provide customers with seamless and secure user experiences. Partnering with a vendor that uses the most up-to-date data Read More …

Enterprises report rise in risk events, yet risk management lags

Enterprises around the world are being barraged by risk events, according to a report released Wednesday by Forrester. The State of Risk Management 2022 report, which is based on a survey of 360 enterprise risk management decision makers in North America and Read More …

Five Ways To Navigate Organizational Transformation

In undertaking any organizational transformation, the team tasked to conceptualize, strategize, synchronize and implement the change will find themselves having to deal with issues and challenges on many fronts. Having a well-formulated transformation agenda can help to frame the initial Read More …

How MSMEs can set up Enterprise Risk Management framework to identify, assess, manage business uncertainties

Ease of Doing Business for MSMEs: The MSME (Micro, Small, and Medium Enterprise) sector forms the backbone of the Indian economy, providing employment to approximately 120 million people and accounting for 45 per cent of overall exports. With 20 per cent Read More …

The process of risk management

Enterprise risk management The Committee of Sponsoring Organisations of the Treadway Commission (COSO) defines enterprise risk management as, “a process, effected by an entity’s board of directors, management, and other personnel, applied in strategy setting and across the enterprise, designed Read More …

Risk management is the next frontier for AI adoption

Artificial intelligence and machine learning is beginning to blur the boundary between risk management and fraud, but data availability remains a hurdle, says risk provider Provenir’s latest AI survey. AI investments in finance continue to gather steam in 2022, as more Read More …

How Enterprises Can Combine Decision Automation, Machine Learning And Process Automation For Better Business Results

Every day we hear about new ways automation is transforming businesses and customer-facing applications – for example, insurance claims processing or automated retail support services. It’s no surprise recent estimates forecast enterprise AI spending is expected to reach $500 billion by 2024. Read More …