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Corporate Treasurers Receive an "F" for Fraud Prevention, shows Kyriba / ACT Survey

May 20, 2015 - Many corporate treasurers are in denial about the threat that financial fraud poses for them, according to the 2015 Kyriba / Association of Corporate Treasurers annual treasury survey. The survey of more than 300 treasury and finance professionals revealed that 53% of organisations have experienced attempted fraud (either external or internal), and more than half of these companies have suffered losses as a result of these attempts. Despite this risk, only 11% of treasury professionals view fraud as one of their three most pressing issues for the coming year, while just 6% said that their company's approach to fraud prevention is "poor."

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Banks must focus on innovation to harness opportunities

March 24, 2015 - Banks must concentrate on harnessing a range of digital technologies or risk losing customers to a new wave of competitors, according to a new report by the BBA and Accenture.

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Experian and BillGuard partner on fraud surveillance tech

January 26, 2015 - With the explosion of payment-card data breaches last year, Experian Data Breach Resolution has enhanced its award-winning active fraud surveillance and identity theft resolution product, Experian's ProtectMyID®, by collaborating with BillGuard, a leading card fraud monitoring mobile application.

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Infosys expands its CSR activities with Infosys Foundation, USA

December 30, 2014 - Infosys today announced that it would expand its Corporate Social Responsibility (CSR) activities in the Americas through its philanthropic arm, the Infosys foundation, USA. It would focus on making quality computer science education widely and easily accessible across communities in the Americas. The company also announced the appointment of Mrs. Sudha Murty, Mrs. Vandana Sikka and Mr. Sandeep Dadlani as the trustees of Infosys Foundation, USA. The initial outlay for Infosys Foundation, USA, would be USD 5 Million per annum.

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Discover fires lawsuit alleging anti-competitive practices at Visa

November 26, 2014 - Discover has filed a lawsuit accusing rival card scheme Visa of anti-competitve practices in its debit card business.

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