News and analysis on the global fight against fraud
Payment card fraud detection involves banks and financial organizations leveraging analytics to delve into card transaction data and build counter-fraud models. Over the years, the discipline of fraud analytics has evolved to crafting machine learning algorithms which recognize highly complex fraud patterns in enormously large volumes of records.
Read MoreAirbnb currently has around 50,000 listings within New York City, making the tourism capital its largest market in the U.S. As Airbnb has experienced a steady climb in short-term rentals within NYC, the municipal and state governments have grown more keen on curbing Airbnb’s permissions for local rentals to keep more living spaces available for New York City residents, who already face a tight rental market. According to the New York State Multiple Dwelling Law, buildings with three or more units cannot offer rentals for fewer than 30 days at a time unless the owner or tenant of the unit is present while the guest is renting.
Read MoreWhile the internet serves as a large platform for a considerable number of scams, fraudsters have always been able to find creative outlets for their schemes, long before the advent of modern technology. The names Charles Ponzi and Victor Lustig may be well known among audiences tuned in to the history of con men, but here are stories of lesser known swindlers, going as far back as the fourth century B.C.
Read MoreAs Warren Buffett once said, “It takes 20 years to build a reputation and five minutes to ruin it.” Reputation equals integrity and integrity equals social responsibility. By sustaining the “social license to operate” through social responsibility, organizations ensure that business practices, operating procedures and corporate behaviors are acceptable to employees, stakeholders and the public.
Read MoreValentine’s Day offers couples in the U.S. the chance to unabashedly revel in their romantic happiness. You might spot posts from friends and family online, wherein they wax poetic about the incredible, amazing person they love. Or you might notice several individuals walking out of the grocery story with balloons and roses and chocolates, their head held high because—oh!—they are in love. You might find it hard to get a table at a restaurant because they’re all occupied by couples muttering sweet nothings to each other. It’s a great day to be alive and in love.
Read MoreNews and analysis on the global fight against fraud.
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