Online fraud is spiraling, costing businesses tens of millions each year, and financial institutions are waking up to the reality that fraud is no longer just a compliance issue or a customer service ...

In 2023, an estimated $3.1 trillion in illicit funds flowed through the global financial system. Projected global losses from scams and bank fraud schemes exceeded $485 billion. [1] Fines and ...

Shagun is an ex-Fortune 100 auditor, process consultant and CEO of SkyStem who designed ART, a month-end close solution for accountants. As much as we would like it to, financial fraud is simply never ...

The globalization of the financial world has not only brought markets closer together but also created new opportunities for criminals. Cross-border fraud is rapidly evolving into the greatest threat ...