fraud

2024 fraud trends

By Andrew Doyle, CEO, AML compliance software, NorthRow There’s no escaping the fact that incidents of fraud are growing, and at an alarming rate. In fact some of the statistics make for pretty grim reading. According to a report from the Association of Certified Fraud Examiners, up to five percent of corporate revenue is currently … [Read more…]

Defeating Frankenstein’s monster: A tale of the financial industry’s fight against synthetic identity fraud

By Alex Tonello, Chief Revenue Officer, Trustfull What do Mary Shelley and financial fraudsters have in common? They’ve both created fake characters that were made of component parts of other people. Or, to state its proper name in the case of fraudsters: synthetic identities. This type of financial fraud is no work of fiction – unlike … [Read more…]