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Strengthening Payment Security: Government Fraud Detection for Compliance Managers and Auditors

Core

Not only do these losses impact the community at large, but payment fraud can also significantly undermine the integrity of local government operations for years. Procurement fraud can include kickbacks, bid rigging, or conflicts of interest between government employees and vendors.

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7 Best Practices for Preventing Government Fraud in Payments

Core

The responsibility to safeguard public funds—and maintain trust with constituents—falls on government compliance managers, CTOs, comptrollers and auditors, finance teams, and Treasurers. However, ongoing evaluation of their practices, compliance standards, and cybersecurity measures are essential aspects of due diligence.

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ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire

Stax

sanctioned countries Security Features Highly secure with financial industry standards, encryption, and strict protocols Enhanced security with proof of identity required Best for Recurring bills, payroll, government transactions, B2B payments High-value transactions, urgent payments, international transfers What is ACH (Automated Clearing House)?

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Partnered with Trend Micro to bring better data encryption and authentication technology to businesses. Won Best Corporate/Government Payments Programme at Emerging Payments Awards. Connected digital payments hub with Finovate alum Klarna’s checkout solution. Unveiled its KYC due-diligence solution, Org ID.