SAS and the Economist Intelligence Unit (EIU) have announced the release of the 2010 EIU report, "Rebuilding trust: Next steps for risk management in financial services," sponsored by SAS. The 2010 report includes the results of an online survey - that attracted 346 global respondents, all executives with risk management
Everywhere you turn, fraud is in the headlines. It doesn’t matter if you get your news online, on the TV or from the newspaper. There seems to be a new fraud story every day of another scheme. Are the current economic conditions pushing people over the edge? Is greed to
Is it even possible to reduce fraud? This pointed question was asked Tuesday at the SAS Media Day fraud panel. After all, today’s fraudsters are smart, global, networked and hi-tech. As soon as you catch one, another steps in. And once you put a system in place to combat a
I’ve read and heard many stories in the past several months about credit card companies that are reacting to the economic downturn by reducing credit limits and hiking interest rates without first warning the cardholders. This latest article in Bloomberg Markets gives a good explanation of the institutions’ reasoning. The
Yesterday I had the opportunity to meet an innovator and entrepreneur in the banking industry – Henry McKoy. His green vision is to establish proven lending practices that consider not only a commercial applicant’s credit worthiness, but their quantifiable impact on the environment and community. What are the potential benefits
In the long-running television sitcom “Seinfeld,” Jerry’s neighbor (and nemesis) Newman often commented on his job as a U.S. postal worker. Making fun of the mail; and post office; was a recurring theme. In the show’s final season, one episode was even titled “The Junk Mail I was reminded of
