Complacency around fraud is no longer acceptable in the real-time digital age. Proactivity is required to protect the company from threats to its financial health.
Fraudsters are opportunists and they exploit the weaknesses in organizations.
More than often, the biggest fraud threat for finance and treasury functions does not lie outside the organization. Rather, it is failing to implement and support the correct internal culture, process controls and systems’ architecture to enable fraud prevention and early detection.
After extensive discussions with many clients as well as experts in the field of Fraud and Cyber Crime, TIS has prepared for CFOs and treasurers a list of recommendations to avoid payment fraud.
Read more about:
Sources of fraud
The biggest fraud threat
Building fraud defences
Technology to tackle fraud: Architecture at a glance
Taking the lead
Download the latest executive briefing from TIS and get the full list of our recommendations.