PodChats for FutureCIO: Combating fraud risks in financial services in 2022
The Open Risk Manual defines fraud risk as unexpected financial, material, or reputational loss as the result of fraudulent activities ...
Tag: fraudulent losses
Disproportionate risk strategies put retail customers at risk
Despite the increased use of digital channels to conduct business, companies in APAC are purposely ignoring best practices in fraud ...
Fraud tied to weak ownership of personal data says HSBC
A HSBC study estimates that over 80% of HK people have been the target of attempted fraud with romance and ...
Banks blame real-time payments for 78 pct spike in fraud loses
The proliferation of real-time payments platforms, including person-to-person (P2P) transfers and mobile payment platforms across Asia Pacific, has increased fraud ...
Spending on cognitive and AI to reach $77.6 billion in 2022
IDC predicts businesses will continues to invest in projects that utilise cognitive and AI. The IDC Worldwide Semiannual Cognitive Artificial ...
