Roy Prayikulam, Senior Vice President, Risk & Fraud Division at Inform, is an internationally active optimization specialist headquartered in Aachen, Germany. He argues that as data is changing - in ...
The U.S. Federal Trade Commission (FTC) revealed today that Americans lost almost $8.8 billion to various types of scams in 2022, following a significant surge of over 30% more lost to fraud compared ...
The year included plenty of high-profile fraud incidents and trends. COVID-19 fraud cases consistently drove strong traffic to InsuranceNewsNet. Some of the incidents included significant settlements ...
More than $10 billion in losses from online scams were reported to the FBI in 2022, the highest annual loss in the last five years, according to a new report from the bureau. The more than $3 billion ...
A study conducted by PwC in 2022 showed that in the last two years, more than 50% of surveyed companies had experienced some kind of fraud. While the statistics are the highest to be reported in the ...
Opinions expressed by Entrepreneur contributors are their own. For some businesses, fraud is nothing more than an accepted expense casually factored into the company’s bottom line. But for those who ...
Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase, banks require systems that can assess risk with precision.
Close to Election Day, the U.S. Postal Service handles mailed ballots differently than other mail, but this procedure isn’t new for the 2024 election. Election experts and a Postal Service ...