With an ever-increasing number of fraudulent insurance claims shaking the UK insurance industry, companies like Aviva are stepping up their game. The year 2024 recorded a notable surge in dishonest claims, prompting Aviva to take a closer look at its processes and technology to counteract this
The economic landscape is shifting significantly, posing substantial challenges for both consumers and businesses alike. Credit card fraud remains a persistent threat, with alarming statistics highlighting consumer unease. Concurrently, tariffs are pressuring major retailers like Walmart, impacting
Banks are currently grappling with a significant rise in fraud attempts and losses linked to debit cards and checks. The Federal Reserve has gathered data from bank risk officers, revealing that these traditional payment methods are increasingly targeted by fraudsters. Approximately three-quarters
In today's rapidly evolving landscape, insurance companies are grappling with numerous challenges in policy management. The complexities of traditional methods contribute to inefficiencies and higher operational costs, necessitating a transformation through advanced technological solutions. By
The escalating issue of fraud continues to plague ecommerce and retail businesses in North America, leading to significant financial and operational challenges. The latest LexisNexis True Cost of Fraud Study provides critical insights into these issues, shedding light on the financial burden of
In the rapidly evolving digital landscape, identity verification has become a critical need for businesses and consumers alike. With growing concerns over security breaches, identity theft, and sophisticated fraud techniques, companies are seeking robust solutions to safeguard their operations and
