October 2, 2017/Mastercard With speed being a critical factor in fighting fraud, Mastercard today announced the launch of Early Detection System. This new service provides issuers with a unique advanced alert for cards and accounts at a heightened risk of fraudulent use based on their exposure in security incidents or […]
Frauds & Scandals
Darkness descends on KPMG; Auditing firm faces ruin as its reputation lies in tatters
Culled—Proshare September 29, 2017/Times Live Auditing firm KPMG SA’s reputation is in tatters and it faces ruin as another two major clients ditch it. On Tuesday financial services company Sasfin and investment company Hulisani announced plans to drop KPMG because of reputational risks. Sygnia Asset Management had fired it earlier. […]
Corruption in Latin America: A Way Forward
Culled—IMFBlog By David Lipton, Alejandro Werner, and S. Pelin Berkmen September 28, 2017 Versions in Español (Spanish), Português (Portuguese) Sustained action on many fronts will be needed to push countries out of the corruption trap (photo: People Images/iStock). In our first blog of this two-part series, we noted that, despite recent progress, corruption in […]
