Thursday 12th December, 2013

Following allegations of wrongly charging the government over security tags, private security firms G4S and Serco have been stripped of responsibility for tagging criminals in the UK. It was discovered that the companies had been tagging people who were either dead or actually already in jail.

Wednesday 11th December, 2013

With the UK public sector is losing £20.6 billion a year to fraud - global business analytics provider SAS has called on the sector to enforce its zero tolerance approach to the problem by harnessing the power of big data.

Big data analytics have been highly effective in preventing losses through fraud, including detection of organised crime. The company has worked with the Belgium government in combatting the theft of value added tax (VAT) by networks of conspirators (carousel fraud) saving nearly 1 billion euros each year.

Tuesday 10th December, 2013

The Government has announced measures during last weekend’s Small Business Saturday to help small businesses, including faster broadband and moves to tackle late payments. The announcement is aimed at removing some of the barriers faced by small businesses, improve the business environment and make it easier for them to fulfil their potential.

Monday 9th December, 2013

After a global selection process, what the press release refers to as "a high-end apparel manufacturer" has chosen ReadSoft's SAP®-certified invoice automation solution to process over a million electronic and paper invoices and other documents in its global shared service center operations. The license, services and maintenance agreement signed is worth an initial 1.1m Euros and was signed in the fourth quarter of 2013.

Friday 6th December, 2013

The Mexican Government is saving an estimated US$1.27 billion per year thanks to a concerted and well-planned shift to electronic distribution of many government payrolls, pensions and social benefits, according to a study released by The Better Than Cash Alliance.

The study found that most of the savings came from lower fee payments to the numerous banks that had handled the decentralised, cash-based transfers; from the interest earned by not having to deposit funds in advance of payments; as well as reduced unauthorized or incorrect payments.