Sentences with phrase «increases fraud risk»

Not exact matches

Von Palmer, the board's chief privacy officer, cites a host of increased risks to consumers if the bureau has its way: break - ins, mortgage fraud, identity theft.

For retailers, cross-border transactions can mean back - office administrative headaches, regulatory and compliance woes, steep processing fees, currency conversion overhead, and a markedly increased risk of consumer fraud.

Unlike IPOs, ICOs lack proper auditing of project funds and clear pricing mechanisms, increasing the risk of potential frauds.

«The systemic vulnerability of ICOs to fraud, money laundering and terrorist financing increases the risk of investors losing the sums invested» — Germany's Federal Financial Supervisory Authority, Nov. 9, 2017

According to Andy Green from Cert ID, risks of food safety and fraud were increasing in global supply chains.

It added: «Were this not so, the effect, for the competent authorities of the member states, would be an increased risk of fraud as the transport of products covered by the exemption requires no documentation.»

«These ID cards will increase the potential for fraud and abuse, and pose security risks that will put law - abiding citizens in danger.»

Obopay will use iovation's device - based fraud management service to reduce online fraud, improve operational efficiencies, and increase revenue through more precise risk management.

With the increasing occurrence of fraud in the market, systems can be at risk of manipulation.

Looking ahead to the next year, Adam aims to continue the section's key goal of educating customers on instances when they are most at risk of fraud and how the improper use of confidential information contributes to an increase in identity theft crimes.

A more detailed treatment of measures policymakers can take to increase transparency and reduce the risk of fraud can be found in Appendix A.

Plagiarized papers have increased the severity of the problem in finding a good resource to get a report paper, and has caused many students to face a dilemma: should they risk their reputation and money by relying on a fraud service, or should they waste their precious time as well as risk their grades at attempting to write a report by themselves?

Mortgage fraud and lax lending practices by FHA lenders lead to additional FHA oversight and regulation, and increase FHA risk for losses associated with mortgage defaults.

Vendors and creditors often prefer doing business with companies that have a physical address — PO Boxes can increase the risk of fraud.

As the speed to closing increases, so does the risk of fraud — particularly fraud perpetrated by family members who have the same name as the homeowner.

This also increases the potential risk for fraud, which is why it is important to thoroughly vet your broker of choice.

The government has been talking and will continue to talk with stakeholders about measures that might be useful to ensure that the change does not increase the risks of real estate fraud.

At the end of my previous post on the application of the E-Commerce Act to land transactions, I mentioned «measures that might be useful to ensure that the change does not increase the risk of real estate fraud».

Alasdair Lewis, Director of Legal Services, said: «Property is usually our most valuable asset so it's important to protect it from the ever - increasing risk of fraud.

While extraordinary opportunities exist for businesses in the sector, significant risks — ranging from uncertainty over federal health policy, skyrocketing costs, and data breaches to increasing regulatory scrutiny of fraud, waste, and abuse — remain an ever - present concern.

In addition to wasting billions, Medicaid fraud increases potential harm and risk to patients who undergo unnecessary treatments.

Greater use of electronic data has also increased our ability to identify and treat those who are at risk for disease, conduct vital research, detect fraud and abuse, and measure and improve the quality of care delivered in the U.S..

Whether you are traveling for business or fun, your risk of identity theft increases simply because you are traveling in a new region and where the restrictions on credit card and fraud protections may be different than what you have back home.

Farmers strives to charge a fair price that accurately reflects each aspect of your risk profile; we also work to maintain stable pricing by negotiating rates with vendors, fighting fraud and opposing regulations that increase our costs.

Application fraud is generally committed by people who have either filed previous claims and don't want to pay the increased costs that come with it or by people who know that the risk they're asking the company to insure is not acceptable.

The first deposit through this system is limited to AU$ 500, and once the bank indicates there is no fraud risk, transaction limits will be increased.

It can be difficult and costly to use credit cards when purchasing bitcoins fast and in large amounts because of the higher risk of fraud for merchants and the increased processing and transaction fees.

«With the increasing number of ICOs coming to market, it is an impossible task for anyone, much less platforms like Twitter or Facebook, to keep on top of which ICOs and cryptocurrencies are genuine versus frauds... Although certainly ICO advertising must have been a significant source of revenue for Twitter, the repercussions of fraudulent activities just weren't worth the risk.»

According to the latest update of the bill, the Ministry of Finance is aiming to legally adopt cryptocurrency trading, since it would reduce the risks of fraud and increase the government's tax revenue, due to the potential for fiscal transparency.

Not only does this expose us to an increased risk of fraud and a lack of transparency, it also means higher transaction fees and, in recent times, inconvenience as several exchanges have struggled to keep pace with rising demand.

However, the authors of the bill are sure that the legal status of cryptocurrency exchange would reduce the risks of fraud and will provide fiscal transparency, which is expected to increase tax revenue of the government.

Yet, less than half of organizations screen these workers, which exposes them to increased risks of negligence, fraud, theft and violence.

Highlights Experience handling complicated claims Expertise with writing reports Case management skills Knowledge of auto insurance regulations Understanding of policy limits and interpretations Successful ability to increase risk management effectiveness Trained in delivering quality customer service Ability to find and identify instances of insurance fraud Strength in discerning accident causes Data analysis expertise Strong written and verbal skills Top attention to detail Ability to keep sensitive material confidential Hardworking and efficient Experience Insurance Claims Adjuster 8/1/2009 — 8/1/2012 Countrywide Insurance — Columbia, MD Processed more than 5,000 auto insurance claims.

It's easy to see why so many companies might be willing to forego background checks — when a company needs to hire quickly, background checks adds time and money to the process — however, not screening workers of any type (full - time, temporary, contract, etc.) puts organizations at increased risk of negligence, fraud, theft and violence.

I would like to help define the customer experience for a company by increasing retention utilizing my «WOW Customer training», reducing losses utilizing my fraud & risk management training in the banking industry, and acquiring new business by selling / upselling of products available.

With the growing availability of online services, the risk of fraud increases too, though.