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fraud

International trade finance fraudsters convicted after investigation led by...

Last week in a UK Crown Court, three people were convicted of a massive trade finance fraud after a lengthy international investigation led by the UK’s Serious Fraud Office (SFO). The three defendants, Nasser Alaghband, Melis Erda and Louise Worsell,...

#trade finance fraud

Minneapolis woman prosecuted for multimillion dollar factoring fraud

A federal grand jury returned an indictment against a ... (more…)

#factoring fraud


SWIFT and MonetaGo deliver major milestone in fight against...

SWIFT and MonetaGo have achieved an important milestone in the global fight against fraud and duplicate financing... (more…)

#MonetaGo#receivables finance fraud


US and UK finance teams ill-equipped to tackle rising...

As the incidence of fraud increases in the US and UK, finance teams look ill equipped to deal with it.…

#digitisation#international#invoice


Using data and user experience to mitigate fraud and...

Kevin Day, CEO of Lendscape discusses the relationship between trust, data and user experiences in his article for the World Factoring…

#COVID-19#Lendscape#open banking


Channel strengthens its presence in Europe

Channel, an alternative investment fund manager, is launching its new fintech branch, Channel Digital Europe based in the Netherlands. The…

#channel


EBA adopts decision on reporting of payment fraud data

The European Banking Authority (EBA) has adopted a decision on the reporting by ... (more…)

#European banking Authority


Surecomp introduces duplicate financing fraud prevention as industry utility

Surecomp® today announced it is providing a new solution based on advanced cryptographic technology... (more…)

#duplicate financing fraud


MonetaGo provides global solution to combat financing fraud in...

MonetaGo, a financial technology solutions provider, today announced a new platform... (more…)

#MonetaGo


Westpac may lose AU$200m from invoice finance fraud

Westpac is suing a financial firm, Forum Finance, run by a Sydney football... (more…)

#invoice finance fraud#Westpac


Bank of Thailand creates centralised database to protect against...

The BOT (Bank of Thailand) has created a database to... (more…)

#factoring fraud


Surecomp Marketplace facilitates fraud prevention with document forgery detection...

Surecomp®, a leading provider of global trade finance solutions for banks and corporates, today announced... (more…)

#AI#bank#guarantees

MonetaGo: Why digitalisation is the best defence against invoice...

Jesse Chenard, CEO at fintech MonetaGo, looks at why the risk of invoice fraud is... (more…)

#blockchain#digital#digitisation

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