fraud detection systems News

Companies Slow to Deploy Data, Technology to Detect Fraud: KPMG

Fraudsters are more often caught by tip-offs and complaints, management review, accidentally, suspicious superiors and internal audits than by use of technology and data analytics. According to consulting firm KPMG, North companies are not capitalizing on the use of data …

Taking the Journey from Fraud Prevalence to Fraud Prevention

Insurers are inundated with varying estimates of the magnitude of fraud perpetrated against the industry, and are aware at a high level of the likely scale of effects on their businesses and therefore the bottom line. Such estimates can be …