Posted in Culture Reporting Risk

How To Break The Bond Between Corporate Travel Management And International Criminal Activity

It was a record year for U.S. federal prosecution of corruption and fraud. The Justice Department Criminal Division in 2019 charged more individuals, and secured…

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Posted in Payment Reporting Risk

St. Louis Sales Exec Indicted For Fake Expense Claims

Authorities on Friday arrested a senior sales director for St. Louis-based cheese wholesaler Swiss American Inc. on three counts of wire fraud related to use…

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Posted in Policy Reporting Risk

Why Use AI For Audits? ‘The Mind Gets Trained To Have A Positive Bias’

The number of fraud examiners using artificial intelligence and machine learning to detect and deter fraud is expected to triple in the next two years….

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Posted in Payment Risk

Upcoming Visa Rules Have TMCs Scrambling On How To Make Online Airline Buys

[UPDATE, June 14, 2019: Starting June 17, users of Southwest Airlines’ Swabiz corporate booking portal must insert their credit card’s three- or four-digit security code….

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Posted in Payment Risk

Fraudsters Busted For Stealing $1 Million Through T&E Card, Expense Processes

A Connecticut woman this week pleaded guilty to embezzling more than $1 million from her company during a three-year period to 2016 by exploiting payment…

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Posted in Methods Policy Reporting

Predictive Analytics: Not Just For The Point Of Sale

Used mostly for policy and preferred supplier modeling or to sense travelers’ wants and needs when they make bookings, predictive tech in travel management holds…

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Posted in Methods Reporting Risk Suppliers

AppZen: AI For The Back End

You probably won’t find “auditing expense reports” on a list of tasks humans are sorry to see go to bots. Sensing an opportunity in this…

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