Tag: risk & security

Optical character recognition (OCR) has been around for decades, and it’s still a technology that banks regularly use to scan ...

Debt collection is challenging even during times of economic expansion, so when a recession looms, banks and lenders (and the ...

As business reconsiders their budgets this year, many are already taking extra cuts in 2023. We’ve already seen some layoffs ...

Payment fraud continues to plague the financial services industry.  According to the American Bankers Association, fraud against bank deposit accounts ...

A handful of financial institutions have made waves in international news due to lawsuits and multi-million-dollar fines. The issue is ...

The automated clearing house payment system reaches all U.S. bank accounts and is an extremely cost-effective way to move money. ...

Heading into Q4 of 2022, layoff announcements hit our news feeds daily. As of September 2022, more than 52,000 workers ...

The Foreign Corrupt Practices Act (FCPA) is a widely enforced anti-corruption law. While many corporations and individuals are aware of the hefty ...

Lending is a difficult business – it’s hard enough dealing with ordinary risks in consumer lending. But lenders also deal ...

Rising inflation and the increasing likelihood of a recession are contributing to many peoples’ economic anxieties – and enabling criminals ...