The Future of Fraud-Busting

INDUSTRY

Humans are historically bad at detecting fraud and our accuracy is only marginally better than chance. This is largely to blame on human nature, on intuition. With the development of technology comes new fraud scams. However, technology can also be put to work to fight fraud. This can include receiving notifications from your mobile phone,…

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CaseWare AML Solution Now Provides All Anti-Money Laundering Compliance Tools Within One Platform

AUDITWARE

Toronto, Canada, February 1, 2016 CaseWare Analytics announces the release of version 5 of its CaseWare AML Compliance solution, which helps financial institutions meet all their Know Your Customer (KYC), Transaction Monitoring, Regulatory Reporting, and Sanctions List Screening requirements in one platform. This solution generates significant ROI by reducing compliance workloads and safeguarding against hefty…

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Tesco knowingly delayed payments to suppliers

INDUSTRY

An investigation by the Grocery Code Adjudicator has found Tesco guilty of delaying payments to suppliers to meet set targets and profit margins. This placed pressure on Tesco’s suppliers to undertake the admin tasks associated with recovering late payments and distracted from sourcing new business. Such actions threatened the existence of smaller suppliers. Read the…

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