In the world of finance, few threats are as persistent and evolving as check fraud, recently exemplified by a significant case where $281,000 was stolen through forged signatures. One single check worth over $114,000 has sent shockwaves through financial institutions, emphasizing the urgency to
The issue of increasing online fraud and scams targeting older adults has prompted Techie Nesters, a reputable advocate for this vulnerable demographic, to call on Canadian banks for more proactive intervention. Despite the existence of free fraud support services and educational sessions at
In the dynamic world of business, leaders frequently regard strategy and risk as distinct realms—strategy is often celebrated in boardrooms, while risk management is relegated to compliance teams and risk officers. This artificial separation can weaken both disciplines and ultimately hinder o
On Monday night, the city council reluctantly approved applying for grant funding for a climate risk assessment, intending to secure up to $70,000. This funding would cover 85 percent of the project costs associated with hiring consultants to conduct the assessment. The remaining $12,500 would be
London, a bustling metropolis with a rich history, faces increasing flood risks due to its unique geographical and urban characteristics. The Greater London Authority (GLA) has initiated a review of the 2018 London Regional Flood Risk Assessment to address these challenges and enhance the
Sun Life and IIT Indore are collaborating to revolutionize critical areas in the insurance industry, addressing risk assessment, claims processing, and customer segmentation. By integrating advanced technology, Sun Life aims to enhance client experiences while developing a skilled workforce