Risk Management Monitor

FEBRUARY 2, 2023

To that end, the National African American Insurance Association (NAAIA) recently updated its research on its members’ experiences and challenges in the insurance industry, releasing the new study The Next Steps on the Journey: Has Anything Changed?

Insurance 40

Insurance Insurance Activation Evaluation 40

Advancing Analytics

APRIL 26, 2023

The annual cost of fraud to UK businesses is estimated to be around £140 billion, according to a report by the Centre for Counter Fraud Studies at the University of Portsmouth (Centre for Counter Fraud Studies, 2018). This may result in a large number of false alarms that require time-consuming and expensive investigation.

Sports 52

Sports Activation Audit Insurance 52

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. For example, in 2018 the CFPB levied a $1 billion fine against Wells Fargo Bank for “unfair, deceptive, or abusive acts and practices” (UDAAP) associated with home and auto loans. The compliance program ties together several components of compliance activities. Risk Evaluation.

Management 52

Management Audit Banking Risk Management 52

Reciprocity

MARCH 24, 2022

Internal fraudsters might engage in fraudulent activity for years by taking advantage of their “trusted insider” status. In 2018 the average corporate loss arising from fraud was $2.75 In its 2018 Report to the Nations Global Study on Fraud and Abuse, ACFE predicted that U.S. Fraud is often difficult to detect.

Audit 52

Audit Banking Activation Authorization 52