This is the compliance dictionary from TM Group with a focus on the EU and UK market and the financial industries and banking. The compliance dictionary is not complete, and probably never will be, and is by that always under development. This is the perfect reference work, and it makes perfect sense to bookmark it […]
The banking sector faces a massive threat from fraudsters impersonating as what seems legitimate employees and/or companies trying to get a fraudulent payment authorized by a relevant individual. This type of fraud scam is called Authorized Push Payment Fraud and is extremely difficult to detect and protect yourself against, because of the authorization process itself.
The criminal minds out there are always trying to come up with new ways to do what they do and gain terrain above the rest of us and hurt businesses and their customers. But we won’t allow it! Therefore, we keep on top of fraudulent behavior together with our vendors, and help our customers do […]