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fraud

Axe falls on 11 in Banamex aftermath

Senior executives amongst those fired for failing to prevent USD400million fraud (more…)

#bank#international#risk

Stricter regulations to be enforced in wake of Banamex...

CNBV to introduce more stringent procedures for lax banks by Q4 (more…)

#bank#banks#Paid


On detecting and combating fraud

Aaron Hughes, Account Director, RiskFactor Solutions, talks about how lenders can detect and combat fraud, following a string of high…

#asset-based lender#frauds#management


Factoring fraudster uses credit to pay off own invoice...

IT recruitment boss faces 10 years in prison (more…)

#bank#invoice#Paragon


Personal assets auctioned following USD17million factoring fraud

Canadian factoring firm wins fraud suit but defendant doesn't pay damages (more…)

#account receivables#factoring fraud#receivables


The price of Factoring Fraud in the USA 2/2

In part two of our article into uncovering the extent of invoice fraud in the USA, Mark Mandula Managing Partner…

#AR#factoring fraud#frauds


The price of Factoring Fraud in the USA 1/2

With estimated hundreds of millions of dollars being written off because of invoice fraud in the USA, in this two-part…

#factoring fraud#frauds#international


Businessman pleads guilty in USD1m fraud case

An American businessman has pleaded guilty before a Senior U.S. District Judge to wire and mail fraud charges, in a…

#bank#funding#Jobs


Memorial Healthcare System taps IBM to prevent vendor fraud...

Big Data Analytics and Smarter Content Management contribute to millions in cost savings and increased vendor transparency. (more…)

#accounts payable#IBM#invoice


White Lies and Fraud

   Unfortunately, somewhere within your client portfolio, fraud may be happening right now. With the help of Simon Belton a seasoned…

#frauds#invoice#management


Billing fraud reaches “alarming proportions”

The Public Protector has asked to assign billing fraud to a special category of criminal offences. (more…)


UK businesses facing more fraud than ever before

New fraud survey reveals growing threat from within. (more…)

Bank of Italy warns of higher risks of factoring...

According to the Financial Intelligence Unit (FIU) wider use of the factoring agreements and the involvement of many economic agents…

#bank#banks#factoring fraud

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