For many mature risk programs, the most significant challenge isn’t a lack of signal. Most organizations have spent years investing in sophisticated infrastructure, including complex scoring models, device and identity data, and diverse vendor platforms. On “paper”, the system appears robust: alerts fire, cases flow into manual review queues, and escalation paths are clearly defined. …
Industry: Software and Technology Leading multi-brand platform of subscription businesses has stopped nearly 100% of typical card-testing activities after 5 months of using Zuora Fraud Protection, powered by Microsoft Dynamics 365 and configured by FiveBy Solutions. Click here for the full case study on our partner’s website: Case Study – MarketWise – Zuora The Customer …
Are you worried about business risks posed by global sanctions and anti-money laundering regulations? ThreatSTOP has partnered with FiveBy, a leading Risk Intelligence and Fraud consultancy with a team of sanctions experts, to offer an automated, customizable Office of Foreign Assets Control (OFAC) compliance enforcement solution that can be easily integrated into your existing network …
Seattle, WA Globally, digital commerce fraud is expected to surpass $48 billion in 2023. According to a recent report, every one dollar in fraud experienced by a company will cost that company $3 in recovery and expenses. In addition, the speed with which fraud is mutating to evade detection is alarming many companies engaged in …
The Organized Crime and Corruption Reporting Project (OCCRP), along with partners in the United States, the UK, and others, today published its first series of articles on the Rotenberg Brothers – close friends and enablers of Russian president Vladimir Putin. Boris and Arkady Rotenberg have been sanctioned by the United States since 2014, after Russia …
FiveBy experts are often asked to provide insights on risk-related news, industry trends, and other sanctions and money-laundering issues. Recently, Director of Risk Intelligence Irene Kenyon was a guest on the first episode of the Highly Regulated Podcast with Stevie Cline. What are the biggest compliance mistakes we see? How can companies best mitigate their …
FiveBy experts are often asked to provide insights on risk-related news, industry trends, and other sanctions and money-laundering issues. Irene Kenyon, FiveBy Director of Risk Intelligence, was recently quoted in an article by the Organized Crime and Corruption Reporting Project (OCCRP) on a Cyprus firm that may have helped sanctioned Russian oligarch Konstantin Malofeyev evade sanctions. …
FiveBy experts provide insights on news, industry trends, and possible regulatory and reputational risks around the corner. FiveBy Director of Risk Intelligence, Irene Kenyon, on 27 February 2023 once again appeared on New Paradigms, discussing the one-year anniversary of Russia’s invasion of Ukraine and the state of the unprecedented sanctions imposed on Russia. What has …
At a time when the regulatory landscape is changing at a lightning speed, with new financial sanctions programs, enforcement actions, and global policy developments stretching compliance programs, effective monitoring and mitigating risk is more important than ever for global banks, financial institutions, technology firms, cryptocurrency platforms, and governments. That’s why FiveBy Solutions—a specialized risk intelligence …
FiveBy experts provide insights on news, industry trends, and possible regulatory and reputational risks around the corner. FiveBy Director of Risk Intelligence, Irene Kenyon, on 5 September 2022 participated in New Paradigms—a show that asked the question: Are sanctions still relevant in a multipolar world? The answer is nuanced. Sanctions are effective foreign policy when …
