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 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 ...
Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase, banks require ...