Artificial intelligence is no longer a fiction. It surely will become a large part of human life in future. The automatic vehicle, virtual assistant, healthcare, banking, almost every aspect will take advantage of artificial intelligence, including compliance field. For example, a financial institution can manage hundreds of data to overcome or...
The digital era brings an unavoidable challenge to the financial institution in a global scale. Banks used to face check and wired frauds, now the fraudsters do it with the help of the internet. Banks are required to provide practical services for customers in the digital age, but at the...
Employee screening or employee screening becomes an essential part of the recruitment process. Many companies already conduct screening employees to keep the brand, client, and the company safe. However, it turns out there are common mistakes often occurred in the process that potentially lead professional HR to a bad hiring...
The fact that millions of Facebook user data leaked in March may never be revealed if there is no whistleblower, Christopher Wylie. The twenty-eight-year-old man who once worked for Cambridge Analytica, a political consulting firm, revealed to the public how personal information Facebook users accessed and used by the company...
Employee engagement is the key to a company's success. The better the employee engagement is, the better the productivity. However, if employees of a company are easy to be employed but also resigned easily (high turnover rate), it will disrupt the performance of the company. Here are some things the...
We are often surprised by the fraudsters. Who would have thought colleagues or partners who had been good, trustworthy, not have a criminal record, was able to commit fraud that harms many parties. The question then arises "why did they do that?" For decades, forensic accountants and fraud examiners questioned the...
The flood of counterfeit products in e-Commerce markets hampers business growth and harms consumers. For that reason, the e-Commerce giant from the United States, Amazon, agreed to collaborate with the International AntiCounterfeiting Coalition (IACC) on April 26, the day of World Intellectual Property (IP). The Memorandum of Understanding (MoU) was signed...
Over the past few years, the term IoT (Internet of Things) has been much talked about. What is IoT? Simply put, it is the use of the internet to connect a device to other devices. Gatner, Inc. forecasts the number of connected devices will reach 8.4 billion worldwide by 2017...
Every HR professional now flock to social media when it comes to recruitment. Social media becomes one of the tools to dig information prior to making any decision to hire someone. But there are some pros and cons around it that every employers should consider. Created by Grant Cooper Social media can be...
Indeed, the function of insurance is as a means of protection. However, there are people who used insurance to earn money by conducting fraudulent acts. Here are some common modus operandi (MO) of insurance fraud. 1. Falsification of documents Falsification of documents, such as falsification of identity, death certificate, and other supporting...
