Market Trends

Business Schools Prepare Students To Fight Financial Crimes. Yet, Challenges Remain

Business Schools Prepare Students To Fight Financial Crimes. Yet, Challenges Remain

David O’Neill Career, Grad Schools, Hot Trend, Market Trends, MBA

The history of financial crimes likely stretches back millenniums starting with humanity’s use of monetary means. As civilizations modernized with laws to prohibit such crimes and to protect citizens, the fight against white-collar crimes has begun. However, to do so, not only knowledge of the law and legal system but also a profound understanding of finance is essential. Responding to a surge of scams, the enlarging underregulated cryptocurrency market, and Russian oligarchs’ continuous attempts to work around the international sanctions over the country’s invasion of Ukraine, finance faculties at business…

Increased Financial Crime Risks to Businesses From All Sides at an Unprecedented Time

Increased Financial Crime Risks to Businesses From All Sides at an Unprecedented Time

Joshua Gallagher Hot Trend, Market Trends, U.S.

With humanity experiencing one of the deadliest pandemics in the modern era, industries have adapted to the change with accelerated digital transformation and remote work, keeping a physical distance from each other. Unfortunately, criminals have also morphed their tactics and schemes to take illegal advantage of people’s good faith and financial interest. Ranging anywhere from financial scams and frauds to government imposters and cybercrime, not only individuals but also businesses have been targets of criminals. Especially for businesses, there are other financial crime risks other than financial scams, including but…