Audit

New Fears Over China’s Regional Banks As EY Quits

New Fears Over China’s Regional Banks As EY Quits
New Fears Over China’s Regional Banks As EY Quits
June 04, 2019  |  B2B Payments

China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank...

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Chinese Firms Missing $6B In Cash
Chinese Firms Missing $6B In Cash
May 20, 2019  |  B2B Payments

Regulators are taking action after more than $6 billion in cash has disappeared from the books of two Chinese companies, according to Nasdaq reports on...

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Alexa Team Might Be Able To Find A User’s Home Address
Alexa Team Might Be Able To Find A User’s Home Address
April 25, 2019  |  Alexa

A new report has revealed that an Amazon team auditing Alexa commands might be able to find a customer’s home address in a matter of...

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AppZen Taps AI To Catch Invoice Payment, Contract Errors
AppZen Taps AI To Catch Invoice Payment, Contract Errors
March 28, 2019  |  B2B Payments

Automated expense report auditing company AppZen is introducing a new spend auditing platform to analyze supplier invoices using artificial intelligence (AI). Get the Full Story...

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PwC Probe Uncovers $7.4B Steinhoff Accounting Fraud
PwC Probe Uncovers $7.4B Steinhoff Accounting Fraud
March 18, 2019  |  B2B Payments

According to Reuters, in what the publication described as the largest corporate scandal in South Africa, corporate auditing firm PwC has uncovered a $7.4 billion accounting...

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Adjoint CEO On Why Treasury Management Needs Blockchain
Adjoint CEO On Why Treasury Management Needs Blockchain
March 06, 2019  |  B2B Payments

Blockchain is gaining traction beyond the crypto realm, and is increasingly applied to secure and organize data. Adjoint CEO Havell Rodrigues tells PYMNTS why treasury...

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Ghosts Of Payments Fraud Past: Enron CEO Skilling Freed From Custody
Ghosts Of Payments Fraud Past: Enron CEO Skilling Freed From Custody
March 01, 2019  |  B2B Payments

Enron may be hazy in the minds of some, but former CEO Jeffrey Skilling's release from jail and federal custody shows that payments fraud is...

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Yes Bank’s Statement On RBI’s Audit May Have Mislead
Yes Bank’s Statement On RBI’s Audit May Have Mislead
February 18, 2019  |  Bank Regulation

Yes Bank is facing criticism by the Reserve Bank of India, which contends disclosures from an audit report were released in an effort to mislead the...

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Patisserie Valerie Saga Finds Fake Invoices
Patisserie Valerie Saga Finds Fake Invoices
February 01, 2019  |  B2B Payments

Ongoing investigations into the £40 million (nearly $52.4 million USD) fraud that felled Patisserie Valerie have found that fake invoices were involved. Elsewhere in the...

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