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fraud

Aaron Hughes comments on Urica and Advanon frauds

"The advent of fintech has bought a fresh dynamic to lending allowing borrowers to access cash quickly... (more…)

#invoice finance fraud

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


Blockchain can’t conquer security alone in invoice finance fraud

India today is a leader in blockchain innovation and experimentation. With a strong community of innovators at home, foreign fintechs’…

#invoice finance fraud


Blockchain may help FI with AML and identify factoring...

Of all the purported benefits of blockchain, iron-clad security may be the most lauded, with much of the proliferation of…

#anti-money laundering#blockchain#factoring fraud


US jewellery distributor is sentenced in multi-million USD factoring...

A Rhode Island jewellery distributor who admitted to orchestrating a long-running fraud scheme that defrauded a debtor finance company... (more…)

#factoring fraud


Indian companies launch blockchain platform to prevent receivable finance...

After years of announcements regarding blockchain proofs of concept and pilots, a first successful enterprise grade deployment that includes multiple…

#bank#blockchain#interest rates


How blockchain can tackle fraud in invoice management

British businesses lost over €40 million last year due to fraud committed by... (more…)

#blockchain#invoice management


Blockchain solution aims to stop invoice fraud

A new blockchain-based solution has been launched with the aim of stopping the... (more…)

#bank#blockchain#invoice


New information related to Guernsey’s Providence fraud

The Providence Fund and its manager, Providence Investment Management International Limited (PIMIL), were put into... (more…)

#Deloitte#financial services#international


Trucking company owner sentenced for factoring fraud

An owner of a trucking company was sentenced to more than four years in prison for defrauding a factoring company…

#factoring fraud#receivables


Fraud: will Blockchain force invoice finance fraudsters to make...

Fraud is an ongoing issue in receivables finance, the widely reported fraud case with BT Italia being only one of…

#bank#blockchain#invoice


New IT solution aims to uncover fraud in factoring

A new IT solution detects indication of possible forged invoices and factoring fraudsters to prevent millions of Euros being lost…

#assignment#bank#banks

Fraud dispute: the scandal that surrounds Deloitte

Deloitte, a leading professional services firm, is involved in a scandal that has already cost them... (more…)

#bank#conference#financial services

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