Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Money laundering, automated clearing house fraud and wire transfer scams are running rampant in the banking industry. U.S. financial institutions spent more than $4.5 billion on fraud detection systems in 2021 as continuous threats around real-time payments emerged in the Read More …
Since the pandemic struck, the fraud wave is on the rise. In the UK, for instance, consumers lost more than £2.3bn in a year from 2020 to 2021. It was a surge of 33% in fraud cases reported to the national anti-fraud Read More …
As we round out another year, the world continues to be filled with uncertainty. Issues such as volatile economic markets, inflation, supply chain snarls and new variants of the Covid-19 virus are dominating the headlines. Fraud and cyberattacks are also Read More …
Covid-19 has forever changed the way consumers shop, creating a strong desire for digital payments and the rapid shift towards ecommerce. Recent data from Australia Post marked November 2021 as the largest month in Australian online shopping history, a significant Read More …