5 steps for effective fraud and risk management in the payments industry

With the advancement of technology, digitisation has taken a central spot in the payment landscape. Digital payments are omnipresent in today’s interconnected world and have made transactions faster and simpler. This paradigm shift has revolutionised e-commerce and trade. The immense Read More …

The Evolution of Risk Management in Global Investigations

2.1 Introduction This chapter addresses the myriad potential avenues for a control environment to be compromised and for an area of risk or investigation to be identified, either proactively or reactively, by a corporate. It also highlights key developments and Read More …

How digital signatures and blockchain technology can help to mitigate fraud risks

While advanced security systems managed to prevent a further £736 million from being taken, it does raise questions about what other preventative measures banks should be putting in place to further protect their customers. When blockchain technology is spoken about, Read More …

Credit risk: best practices for predicting future risks

In today’s uncertain times, credit risk managers are under increasing pressure to provide robust, forward-looking insights on counterparties. Fitch Solutions explores the key pain points in the process and crucial steps to improving data quality As financial institutions grapple with Read More …

How to Automate Risk Management and Grow Faster

New fraud cases and scams are increasing faster than ever. Over 70% of finance professionals reported that their institution suffered from payment attacks in 2021. Consumers alone lost $5.8 billion to scams. As a result, financial institutions (FIs) have found themselves facing new anti-fraud Read More …