Counter-fraud

Rule-based engines and simple predictive models could identify the majority of fraud attempts in the past, yet they aren’t keeping up with the scale and severity of fraud attempts today

https://www.forbes.com/sites/louiscolumbus/2019/07/09/top-9-ways-artificial-intelligence-prevents-fraud/#30afd34e14b4

A 2019 whitepaper has revealed that 35% of UK businesses surveyed online have no system in place for whistleblowing.

A tense interview scene is a familiar staple in almost every dramatic cop show or movie made in the last 50 years. Sometimes there’s a good cop and a bad cop who use psychological push and pull in their interrogation. Sometimes it’s one determined veteran of the force, or rookie, that will do anything to get the suspect to confess. Emotions are visibly high and eventually the suspect breaks down and spills the entire account of their crimes.

https://www.fraudconferencenews.com/home/2019/6/25/emerging-trends-affecting-the-admission-seeking-interview

Fraud is a fact of modern life, and everybody is a target. Last year, 324,000 people reported falling victim to scams, a rise of 6%, and given that many are too embarrassed to admit to having been tricked, the real number is probably way higher.

https://uk.finance.yahoo.com/news/3-things-now-protect-yourself-064234572.html?soc_src=social-sh&soc_trk=tw

Entries are open for the inaugural Tackling Economic Crime Awards #TECAs designed to acknowledge companies, initiatives,
individuals and teams who have made an outstanding contribution to tackling
economic crime

http://emaila.ukfinance.org.uk/files/amf_uk_finance/project_14/TECAs_Call_for_Nominations.pdf

Intelligence about individuals featuring on ‘suckers lists’ compiled by fraudsters should be shared between trading standards departments, police forces and financial services businesses, a Westminster thinktank has proposed.

https://www.ukauthority.com/articles/government-urged-to-share-suckers-lists-to-fight-fraud/

Fraud occurs every day across a variety of industries, causing trillions in losses each year.

The new Slovak Act on Whistleblowing that took effect 1 March 2019 has introduced some notable changes to the obligations that employers faced under the previous Act on Whistleblowing valid until 28 February 2019.

http://www.mondaq.com/x/821312/Whistleblowing/Enhancing+Whistleblower+Protection+Will+The+Whistle+Blow+Louder

The G20 High Level Principles for Effective Protection of Whistleblowers endorsed today at the G20 Summit in Osaka are a welcome acknowledgement of the crucial role whistleblowers play in bringing wrongdoing to light, and the retribution they often face. G20 countries should now move quickly to turn words into action, and pass national legislation that matches or goes beyond the level of protection recommended by the Osaka principles.

https://www.transparency.org/news/pressrelease/new_g20_principles_on_whistleblower_protection_must_be_urgently_implemented

The Retail Sales Index (RSI) measures the value and volume of retail sales in Great Britain on an average weekly basis. This report presents estimates in the retail industry for the four-week period 28 April 2019 to 25 May 2019. Ryan Kemp, director of retail, at credit reporting agency TransUnion, reflects on the trends

http://www.smeweb.com/2019/07/01/ons-retail-sales-index-q2-2019/