Latest in Tag: Fraud Highlight

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Latest in Tag: Fraud

Visa prevents approximately $25bn in fraud using AI

“One of the toughest challenges in payments is separating good transactions made by account holders from bad ones attempted by fraudsters without adding friction to the process,” said Melissa McSherry, senior vice president and global head of Data, Risk and Identity Products and Solutions, Visa

Daily News Egypt

Former VW chief Winterkorn investigated for fraud

Prosecutors in Braunschweig, Germany, have widened their investigation into the role former VW chief Martin Winterkorn played in the carmaker’s huge pollution scandal. They acted on an initial suspicion of fraud.Prosecutors in the western German town of Braunschweig said Friday they were widening their probe into former VW Chief Executive Martin Winterkorn, who had already …

Deutsche Welle

Nigeria: Corruption scares off companies

The Dutch company Brunel no longer wants to do business in Nigeria. It says the country is too corrupt. But Nigeria’s new President, Muhammadu Buhari, appears serious about cracking down on bribery and fraud. These words contain a lot of anger: “If it is impossible to do business without breaking the rules and putting our …

Deutsche Welle

Controversy over GlobalAdMart

E-commerce was only recently introduced in the Egyptian market and has picked up steam from the success of a number of companies which rely on the internet and social networks to promote their products, yielding bigger profits quickly and at smaller costs.

Hend El-Behary

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