Tag: Faces
Duplicate Financing Fraud Faces New Foe
In trade finance on a global level, there’s a form of fraud known to exist but is hard to quantify because it’s only discovered when someone gets caught. It’s called duplicate financing fraud and it works like this: Because lenders have their own data systems and don’t share customer info, bad actors have been able
Forecast: Global Economy Rebounding, Faces Multiple Threats | Business News
By DAVID McHUGH, AP Business Writer FRANKFURT, Germany (AP) — The global economic rebound from the pandemic has picked up speed but remains uneven across countries and faces multiple headwinds. Most worrisome: the lack of vaccines in poorer nations, which could lead to new virus variants and more stop-and-go lockdowns. Those were key points from
Apple’s ‘Walled Garden’ Faces Epic Attack in App Store Trial | Business News
By MICHAEL LIEDTKE, AP Technology Writer SAN RAMON, Calif. (AP) — Apple’s lucrative app store was alternately portrayed as a price-gouging monopoly and a hub of world-changing innovation during the preamble to a trial that may reshape the technological landscape. The contrasting portraits were drawn on Monday as lawyers for Apple and its foe, Epic
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