Cost of fraud in Asia-Pacific markets is high according to study

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LexisNexis® Risk Solutions has released its 2021 True Cost of Fraud™ APAC Study covering the retail, ecommerce, financial services and lending sectors for Australia, Hong Kong, India and Japan. The study provides a snapshot of fraud trends in the Asia Pacific (APAC) region during the pandemic and spotlights key pain points for firms in relation

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Global Spend on Financial Crime Compliance at Financial Institutions Reaches $213.9 Billion USD

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LexisNexis® Risk Solutions has released its annual True Cost of Financial Crime Compliance Global Report. The results derived from the comprehensive survey of 1,015 financial crime compliance decision makers at financial institutions including banks as well as investment, asset management and insurance firms globally. The projected total cost of financial crime compliance across all financial

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The LexisNexis Risk Solutions Cybercrime Report reveals new opportunities and risks for APAC in online channels during global pandemic

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LexisNexis® Risk Solutions has released its biannual Cybercrime Report, which tracks global cybercrime activity from January 2020 through June 2020. The report analyzes how the COVID-19 pandemic has impacted the global digital economy, regional economies, industries, businesses and consumer behavior. The period has seen strong transaction volume growth compared to 2019 but an overall decline

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