The banking sector has been under attack for quite some time now, and cumulatively, cybercrime costs banks north of $1 trillion annually. Crimes that targeted the banking sector have shifted from simple physical theft to computer fraud. Since we’re deeply invested in the digital age, fraud has become complex, and hackers have now started obtaining […]
Killer Conversation Starters
Whether you’re starting your first day at work, heading in for a job interview, making corporate connections, or more, the right conversation starter can turn any boring old conversation into a memorable one. The key is to skip boring discussions about the weather or your academic qualifications and jumping right into the fun stuff. Read […]
Fintech Regulatory Compliance – Things to Consider
Fintech is not a new industry – online payment systems, crowdfunding, and decentralized financial resources had already existed for some time now. However, over the past few years, rapid innovations within the sector have led to its exponential growth. By 2025, the market for Fintech is expected to be valued at nearly $460 Billion. However, […]
The Impact of AI on Financial Crimes
What is AI, and Why do We Need It? AI (Artificial Intelligence) or Machine Intelligence is intelligence noted in machines. A computer or machine that has AI capabilities demonstrates cognitive abilities close to that of humans, and the advent of AI has changed our daily lives drastically. Over time, sophisticated criminal groups have understood how […]
Simple Ways to Decode Body Language and Its Importance
Do you often notice your boss drumming their fingers or pursing their lips during your presentation, your employee not making eye contact with you or your best friend to whom you lent your car gazing downwards when asked why they haven’t returned it yet? If you haven’t – you certainly should! Human beings talk even […]
Simple Ways to Appear More Confident Than You Are
It is natural to feel unsure, anxious, and nervous at some time in your life. No one feels 100% confident all the time. However, there’s no reason for others to know that. While confident people know how to cope up with those feelings, others are unable to put their nervous energy to good use. An […]
How to Prepare and Ace a Phone Interview – 6 Tips
Many of us dread phone calls from people we personally don’t know. Phone anxiety seems to be especially more common among younger people today. Companies incorporate a phone interview in their hiring process, as a means to gauge the interest of the candidate and to narrow down the list of people that would be invited […]
COVID-19 Financial Scams You Need to be Safe From
With COVID-19, the world faces a situation unlike any before. Governments world over are looking for ways to combat the virus and come over with plans that are scalable and can work. As governments strive to respond to the growing threat of the pandemic, fraudsters are taking the opportunity to ramp up their own schemes […]
2020: The Year of Improved AML Practices in the Banking Sector
Banks are at the forefront of any financial ecosystem and thus hold a greater responsibility to prevent all the related crimes. AML compliance is a central part of the efforts to curb illegal transactions and to make sure the source of capital is clean and adequately regularized. In an ideal world, banks can detect, stop, […]
Hunting for a Job – Using LinkedIn to Your Advantage
Launched in May 2003, LinkedIn has been a valuable professional platform for many over the years. From professional advice all the way to finding jobs and potential recruits, LinkedIn lets you do it all on one convenient platform. A survey published in November 2019 showed that in the US, over 160 million users used LinkedIn […]