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frauds

More Indian businesses should generate e-invoice from April 1

Businesses with turnover of over INR 20 crore (US$2.6m) will have to produce electronic invoice for B2B transactions from April 1. From October 1, 2020, under GST law, in India all companies with turnover of over INR 500 crore (US$66.2m)...

#e-invoices#electronic invoice#frauds

EQ Riskfactor: New report shows upturn in global receivables...

EQ Riskfactor, a leading global provider of risk management software for the commercial finance market (part of Equiniti Group), today…

#commercial finance#frauds#international


CBIC for physical verification of entities to check invoicing...

The Central Board of Indirect Taxes & Customs (CBIC) proposes to carry out physical... (more…)

#fake invoices#frauds#invoice


Why e-invoicing is a win-win for both government and industry

From October 1 on businesses with a turnover above INR 500 crore (US$68m) will start ‘e-invoicing’... (more…)

#digital#exports#frauds


Is fraud on the increase and what are the...

Fraud is always having an important impact on receivables finance industry... (more…)

#frauds


Three ways to improve your risk performance through data...

Leigh Lones, Director at Equiniti Riskfactor in the North American region, describes how technology helps to better manage... (more…)

#frauds


Chinese asset manager fills lawsuit against Camsing’s fraud

Noah Holdings Ltd., one of China’s largest wealth managers, levied accusations of fraud against... (more…)

#accounts payable#bank#frauds


How to address invoice financing fraud

Despite new technologies and processes aiming to help root out fraudulent activity, fraud continues to be... (more…)

#blockchain#data protection#frauds


Industry comments on Urica and Advanon frauds

The two recent Urica and Advanon frauds reported by trfnews (27 July 2018, 31 July 2018, 8 August 2018, 17…

#frauds#invoice finance frauds


Citigroup charged for internal controls failure to detect frauds

A Citigroup subsidiary failed to detect fraudulent invoices and work estimates in a receivables factoring program... (more…)

#frauds


Romanian invoice financier creates invoice verification system based on...

The fintech company...launched the access to check receivables from a company... (more…)

#blockchain#frauds#guarantees


FCI launches “Factors and Actors” book

The FCI Annual Meeting (10-15 June 2018) celebrates its 50th golden anniversary. In half a century, the worldwide association for…

#blockchain#fintechs#frauds

Invoice fraud, global in reach, as GDPR looms

As new compliance rules loom – GDPR and CDD – new acronyms (and mandates) make companies scramble to get to…

#bank#frauds#invoice

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