With an industry skills gap upon us, an estimated 85% of Fortune 500 organisations are still looking for talent today. SAS remains committed to helping university students with SAS® skills gain work placement with SAS customers today – as they’ve done for over a decade. Westpac is Australia’s first bank
The threat of fraud is ever-present and growing. Organizations lose around 5% of their annual revenues to fraud, and many of them don't take sufficient proactive measures. It's notable that only 56% of organizations conduct investigations of even their worst incidents. That statistic is based on the 2020 ACFE Report
We made bold predictions a year ago about what 2021 would bring. We’re bold enough to do it again for 2022. The pandemic disrupted traditional ways of life in 2021. Remote learning and working became the norm for many. Telehealth took off, and IT modernization accelerated in every industry. 2021
As the banking industry continues to combat increasing fraud challenges, payment fraud is growing exponentially. This growth stems from a shifting payment landscape with new and varied payment options. Globally, governments are introducing new initiatives like faster payments and real-time payments which compress turnaround times. These initiatives are altering the
Did you pay your taxes? From stiff penalties to even jail time, the federal government provides plenty of incentive for citizens to pay, but each year nearly one in five Americans do not pay on time. This leads to a more than $450 billion gap in unpaid taxes, creating a
Artificial intelligence. Big data. Cognitive computing. These buzzwords are the ABCs of today’s marketplace. In a recent interview at SAS® Global Forum, I discussed the unprecedented pace of change that we’re seeing in the market. It’s creating what I like to call an analytics economy. In this economy, analytics –
In 2014, the federal government lost more than $125 billion to fraud, waste and abuse. And that’s just what we know about. While that number may sound incredible, those on the front lines of the government fraud fight know that it's all too real. The US government needs to change
Currently, most fraud detection solutions for financial crime and tax fraud are focused on risk assessing entities. That is to say, they evaluate the risk of each individual or businesses separately. While this helps prioritize risk-based investigations by alerting investigators to the likelihood of fraud, it does not necessarily maximize deterrence.
The Data For Good initiative is all about using data and analytics to improve the lives of citizens around the world – however most people wouldn’t immediately think about tax collection as a humanitarian effort. But that’s exactly how Courtney Kay-Decker, Executive Director of the Iowa Department of Revenue sees
Insurers are embracing digital to meet the demands of modern consumers. And, of course, there are obvious benefits to them from less costly, more streamlined interactions with their customers. The trouble is that digitisation comes with a major health warning: Unless insurers put suitable measures in place, they're at risk
