Articles
Mushrooming Mule Accounts Fueling Fraud
Banks are facing complex issues with mule accounts being used to channel fraudulent funds through legitimate accounts.
Resources
Shared insights and learnings from those at the coal face of payment fraud and security.
Articles
VigilantPay Hosts Roundtable on Fraud
VigilantPay recently hosted a series of roundtables for C-Suite, CFO's and directors to discuss the prickly problem of fraud.
Articles
National Business Review Interviews VigilantPay
Vigilant Pay was chosen by ANZ Institution Australia to explore cross-border payment safety.
Articles
VigilantPay to collaborate with ANZ Bank
ANZ to collaborate with VigilantPay on cross border payment security.
Articles
Employee defrauded £20 million in deep fake video scam
Company warns of the convincing nature of video deep fakes.
Articles
Scam losses expected to reach $1.5 billion in Australia by 2027
Rising numbers of automatic push payment scams and real-time payment fraud is set to cost Australians over $1.5 billion annually by 2027.
Articles
68% of Kiwis want government regulated fraud protections
Currently, there are no guaranteed protections for customers who have suffered from fraud to have their money reimbursed.
Articles
Push payment fraud rules tighten overseas
Sending and receiving banks are now required to have higher levels of compliance and accountability.
Articles
Former NZ Bank Employee defrauds club of $100k+ in funds
This in another great example that highlights the importance of good processes and having segregation of duties in place
Articles
A different type of false invoicing scam potentially nets over $1 Billion
Intricate networks to launder money and avoid tax are very close to home
Articles
This is one industry event not to miss - The Risk & Resilience Summit 2024
Find out the latest approaches to managing organisational risk in finance and technology
Articles
Kiwi’s lose $2 Billion per year to online scammers
Scammers and fraudsters find that NZ has easy pickings on offer
Articles
NZ Banks given the ‘hurry up’ to protect customers from Scams
See what the banks need to achieve by September 2024
Articles
CFO’s - Does your budget include enough expenditure for this?
The NZ finance landscape is changing and cyber security is at the forefront of CFO’s & board executives
Articles
Visa prevented $270 Million of fraud from happening in NZ
Credit card fraud is on a steep rise. But what can you do for B2B payments?
Articles
Christmas Holidays present big opportunities for fraudsters
Things to watch out for over the xmas break so your finance team can have peace of mind
Articles
Upgrading your ERP or payroll system?
What you need to know before your start your journey and planning
Articles
How accurate are your business payments?
Your processes and procedures only work if they are properly followed
Articles
Analogue vs. AI - Which one is better?
The pros and cons of the two different approaches to preventing fraud and payment errors
Articles
A NZ Woman admits using fake invoices and changing payroll payments
She stole in excess of $350,000 during her employment
Articles
Internal staff fraud in the dairy sector
Some fraud scenarios are very intricate as this example shows
Articles
Gambling habits lead to fraudulent behaviour
See how quickly an employee can embed themselves into your business and take advantage of their position
Articles
Construction Industry Fraud in the NZ Courts
This industry seems very prone to incidents of fraud. Cases can take a few years to get sorted and payback may never happen
Articles
During economic downturn fraud rates increase
Interesting trends that show a definite link between hard economic times and an increase in fraud rates
Articles
The new Business Payment Practices Act 2023. What you need to know
Important information and when you need to comply by
Articles
Watchout.....NZ Insurance fraud is on the rise
What are the latest trends in the NZ insurance fraud sector for 2024
Business
Recent Theft as a Servant Cases, NZ.
Interested in recent cases of theft committed by servants in New Zealand? Our blog highlights some of the most high-profile cases in recent years.
Business
When Does Theft as a Servant Get Discovered?
Curious about when theft committed by a servant typically gets discovered? Our blog explores the various scenarios that can lead to the discovery of...
Business
Who Commits Theft as a Servant?
Looking for information on theft committed by servants? Our blog covers the different types of theft, the legal consequences, and tips for preventing...
Business
Understanding the Motivation for Fraud
This blog discusses the motivations behind fraudulent behavior, including financial pressures, and personal issues.
Business
Fraud Triangle - Rationalisation
This blog explores the rationalisation element of the fraud triangle, which refers to the mental processes individuals use to justify fraudulent...
Business
Fraud Triangle - Motivation
This blog explores the motivation element of the fraud triangle, which refers to the factors that drive individuals to commit fraud.
Business
Fraud Triangle - Opportunity
This blog explores the opportunity element of the fraud triangle, which refers to the conditions that allow fraud to occur.
Business
Financial Data Error Statistics, NZ.
This blog presents key statistics and insights on financial data errors in New Zealand, including the impact on businesses.
Business
Payment Error Cost to Business Statistics, NZ.
This blog presents key statistics and insights on the cost of payment errors to businesses in New Zealand, including types of payment errors
Business
How Fraud Prevention Can Save Time
This blog discusses how implementing fraud prevention measures can actually save time for organisations.
Business
Reduce Costs With Better Internal Financial Controls
This blog provides insights on how organisations can reduce costs by implementing better internal financial controls, including segregation of...
Business
Theft as a Servant Facts, NZ.
This blog presents key facts and insights on theft as a servant in New Zealand, including the most common types of theft as a servant.
Business
Cybersecurity Skills Every Financial Leader Needs
This blog highlights essential cybersecurity skills that financial leaders need to possess in order to protect their organisations from cyber threats.
Business
Financial Cybersecurity Facts, NZ
See insights on financial cybersecurity in New Zealand, including the most common types affecting businesses in 2023.
Business
Who's Responsible for Stopping Fraud in an Organisation in NZ?
This blog discusses various strategies that organisations in NZ can implement to stop fraud, including implementing internal controls and policies.
Business
Best Practice Steps For Responding to Fraud
This blog outlines responding to fraud, including identifying the fraud, assessing the impact and implementing preventative measures.
Business
Types of Payroll System Financial Errors
This blog discusses various types of financial errors that can occur in payroll systems, including calculation errors, and data entry mistakes.
Business
CFO’s Guide: Cybersecurity Financial Threats in NZ.
Get a comprehensive guide for CFOs on the cybersecurity threats facing financial institutions in New Zealand.
Business
Most Common Examples of Theft as a Servant
Understand the most common types of theft as a servant and their impact on businesses. Read on for expert insights and advice.
Business
The Board’s Obligation To Fraud Governance, NZ.
Explore the board's obligation to fraud governance in New Zealand and the importance of a robust fraud risk management framework.
Business
CFOs' Responsibility to Prevent Fraud, NZ.
Learn about the crucial role of CFOs in preventing fraud and protecting their organisation's financial health.
Business
Legal Implications of Financial Fraud, NZ.
Discover the legal implications of financial fraud in New Zealand and the consequences for victims and perpetrators.
Business
Common Email Phishing Tactics
Protect yourself from email phishing scams with expert tips and advice. Learn about the common tactics used by cybercriminals.
Business
Common Financial Scams
Don't fall victim to common financial scams - learn how to spot and avoid them with expert insights and advice.
Business
Consequences of Financial Fraud
Explore the devastating effects of financial fraud and its ripple effects on individuals, businesses, and society as a whole. Learn more here.
Business
Cybersecurity Best Practices
Protect yourself and stay ahead of cyber threats with these best practices. Learn the latest cybersecurity tools and strategies to keep your data...
Business
Consequences of Employee Theft
Discover the harsh realities and long-term consequences of employee theft in the workplace. Learn how to identify and prevent theft, and the...
Business
Theft as Servant Best Practices
Looking for best practices to prevent theft in your workplace? Check out our latest blog post on "Theft as a Servant: Best Practices for Preventing...
Snap Fraud Survey Oct 2022
Recent Fraud Survey of CFO and Company Directors highlights a surprising result
