Commerce Bank has implemented Advanced Financial Solutions’ (AFS) ImageVision Fraud Detection software applications across the bank’s 220+ branch locations. Check fraud is among the fastest-growing problems affecting financial institutions with check fraud attempts at US banks almost doubling to $4.3 billion annually, according to the latest American Bankers Association Deposit Account Fraud Survey. With the rising incidence of identify theft and high-tech forgery, a significant portion of the overall loss occurs in personal accounts. AFS ImageVision Fraud Detection software applications protect financial institutions and their customers with the technology tools and information needed to stop most check frauds before they become losses, according to the AFS.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.