Fraud Management An Architectural Insight - 1144 Words

Fraud Management - An Architectural Insight Introduction Fraud is like Love. Many believe they are immune to it. Yet they make themselves available, to fall into. Successful fraud gives a new high for the fraudsters and sleepless nights for the organizations running after securing the wealth. This rush to secure the Holy Grail from reaching the fraudsters also causes a high for a broader section of the ethical technical audience who strive to ring fence their organizations. It is quite a feat to think through the various loop holes to ensure that no repeatable fraudulent pattern is left un-scrutinized. An attempt has been made in this article to address available technologies to fend off Fraudsters, and the architectural insight needed†¦show more content†¦The outcome of improper fraud detection or a false positive would result in Poor User Experience, Customer Dissatisfaction and Lack of Focus eventually resulting in impact to bottom line. Lifecycle of Fraud Detection Effective Fraud and risk management in any retail organization has various facets to it depending on the entities needs and market place demands. Predominantly it can be categorized in to following phases2 Assess Risk Assess the risk associated with the identified fraud. Associate the risk with a dollar value – to estimate the loss it causes to the organization. Identify the scope of analysis depending on the organizations’ risk appetite, profile the current state of fraud management and well define the requirement that needs to be addressed. Design Design the controls that prevent the detected fraud and reduce the analyzed risk. The design should not only react to the ongoing fraud, but also proactively detect any further anomalies with similar pattern across channels. Implement Deploy and Implement the design across the channels and assign a single unit responsible for fraud and risk management across the organization. This unit should be responsible for both proactive and reactive fraud prevention and risk analysis. Associating a single unit, lets the unit champion the fraud rule management and helps preserve the confidentiality associated with the execution of the rules, thereby preventing insider fraud. Simulate Simulate the rule

Higher Education For International Students - 998 Words

Higher education in the UK has probably become one of the most popular choices for international students. The study devoted into the experiences of the international students report that the phenomenon of culture shock as a part of challenges could be troubling them (UKCISA, 2008). Whereas, the students who come from developing countries responded that the higher education in the UK would extend work field as well as the effect of social cognition (Mazzarol and Soutar, 2002). Hence, it will be discussed in this essay whether opportunities outweigh the challenges by analyzing the phenomenon, reasons and drawing the conclusion. 2.0The opportunities for international students In the UK, a pluralistic country, there is diversified culture promoting to the cultural communication. â€Å"Over 60% of the survey respondents reported their agreement that the UK was a tolerant society, with more than on in 10 (12%) indicating strong agreement. †(Schweisfurth and Gu, 2009) Not only possibly could it broaden horizons of the international students, but also improve their learning skills. 2.1Broaden horizons through multicultural society Multicultural means including multiple people who have varying manners and faiths (Cambridge dictionaries online). In 2004, UKCOSA did a survey was reported that over 50% of respondents looked forward to getting more opportunities to experience the culture in UK (UKCOSA, 2004). Firstly, studying in a multicultural country like the UK is an excellent chanceShow MoreRelatedInternational Students And Higher Education958 Words   |  4 PagesInternational Students is rising in the U.S. It is obvious that due the declining education funding and drooping domestic student enrollment have forced many U.S. colleges and universities to adopt new revenue strategies and attracting international students seems a reasonable solution. This strategy aims to bring more revenue to the institutions as well a more diverse environment through a greater diversity of languages, cultures, and perspective in the classroom. According to Global Student MobilityRead MoreInternational Students Pursuing A Higher Education Essay1562 Words   |  7 PagesIntroduction: The semester long research project that I have chosen deals with international students pursuing a higher education in the United States. According to the IIE, International Institute of Education, the majority of international students come from asian countries and have been populating the US through a variety of study fields leading to eventual, desirous opportunity to continue living in the US. The issue revolving around this topic that goes unnoticed includes: social stigma, racialRead MoreThe Challenges Facing International Students in Higher Education1294 Words   |  6 Pageschallenges facing international students in higher education and suggest some possible solutions. Tutor Name: Kinga Maior Student ID Number: 2060494 Date of Submission: Thursday 2nd May 2013 Word Count: 1,004 The number of international students studying in the UK has soared over the past decade due to globalization. Paige (1990) defined International students as those individuals who temporarily lived in the foreign countries and received the education as exchanged students. The main reasonRead MoreThe Challenges Faced By International Students In Higher Education852 Words   |  4 Pagesenrolment of international students in Canadian institutions, internationalization has become one of the key aspects of higher education in developing its intellectual property, more mainly due to political and economic reasons (Altbach Knight, 2007). Canada is perceived to be â€Å"one of the most trusted in the world† as a destination of choice with its high-quality education in a welcoming multicultural environment (Global Affairs Canada, 2014). A study conducted by Canadian Bureau for International EducationRead MoreAnalyzing The Findings Of International Students Challenging Experiences Du ring The American Classroom Setting On Higher Education1587 Words   |  7 PagesFindings The purpose of this qualitative study was to report the findings of international students’ challenging experiences in the American classroom setting in Higher Education. The activities include, but are not limited to, classroom discussions, and interactions with professors. For the purpose of this study, classroom practices in institutions of higher education in the United States are identified as a group of activities that take place in a classroom setting. After analyzing the interviewsRead MoreAustralia s International Student Market1420 Words   |  6 Pagesplayers in the international student market. Australia has developed a strongly entrepreneurial approach to attracting the lucrative overseas student market, a key factor in is the potentially enormous profitability that ensues from Australia’s ability to attract â€Å"tens of thousands of students from several different countries† establishing a â€Å"diversified market with strong growth potentialâ⠂¬  (Verbik Lasanowski, 2007, p.5). One reason for Australia’s success in the international student market is thatRead MoreFactors Influencing The International Students1338 Words   |  6 Pages Factors influencing the international students to choose the United States as their higher study destination Prejin Kumar Pradeep Kumar Husson University â€Æ' Abstract The United States hosts more of the world’s 4.5 million global mobile college and university students than any other country in the world, with almost double the number hosted by the United Kingdom, the second leadingRead MoreCross Cultural Integration: International Students and Higher Educational Institutions1205 Words   |  5 Pagesthat international students must obtain in order to conform to the mission statements of higher educational institutions cross-cultural Integration through suitable learning environments and aiding student to succeed in obtaining a higher education is a fundamental requirement of every educational institution,(Delbanco, 2012) but the quality of American higher education since the growth of student campuses is questionable. Using academic journal articles from the Journal of College Student DevelopmentRead MoreHow Tuition Fees Deter The Attendance Essay1448 Words   |  6 Pagesgovernments on post-secondary education has led to the ongoing inf lation of tuition rates in Canada. By comparing countries with exorbitantly high tuition rates and countries with free education, the efficacy of the Canadian system can be studied. This paper will explore how tuition fees deter the attendance to university by low-income and international students, and address the need to restructure our economically outdated post-secondary system. Post-secondary education is highly valued in CanadaRead MoreCultural And Social Capital Theory999 Words   |  4 Pagesacademic success of Chinese students in Los Angeles Community College. The results of the study indicated that the aspirations of obtaining a higher level academic degree and then transferring to a four-year college or university were considered as the best predictors of academic success for Chinese international students. Whereas, English proficiency was considered to be a weak factor and social interaction factors were not too much related to Chinese international students’ academic success. Yuan (2011)

Medicine After Antibiotics free essay sample

A summary and discussion of causes and possible solutions of the problem of antibiotic-resistant bacteria. This paper summarizes the conditions that lead to antibiotic resistance. The author examines aspects such as over-prescription, high level of both bacteria and antibiotics in hospitals and the use of antibiotics in livestock feed that lead to a resistance. The author discusses the increasing uselessness of newer antibiotics and new strategies for preventing the spread of infectious disease. Antibiotic resistance has been building in bacterial populations for decades, but advances in medicine (i.e. new types of antibiotics) have always stayed one step ahead. Antibiotics are becoming harder and harder to develop there is a limited number of ways to recreate antibiotics, and drug companies may have come to the end of the list. Vancomycin considered the drug of last resort when all other antibiotics fail is no longer a sure cure. Vancomycin-resistant enterococci (VRE) have been reported in hospitals across the U. We will write a custom essay sample on Medicine After Antibiotics or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page S., and some of these infections are untreatable with any current antibiotic. However, vancomycin is being prescribed more and more often when other drugs fail and VRE populations are growing (Mitchell, 1998).

The First Industrial Revolution Social Consequences

The most significant social consequences of the First Industrial Revolution It is possible to identify two important effects of the Industrial Revolution. One of them is the changes in the standards of living. On the one hand, the technological progress deprived many low-skilled laborers as well as artisans of their employment because their work could be done by new machines.Advertising We will write a custom essay sample on The First Industrial Revolution’ Social Consequences specifically for you for only $16.05 $11/page Learn More For instance, one can speak about Luddites who destroyed cotton mills (Sievers, 2009, p. 28). As a result, their purchasing power decreased dramatically. However, the increase in productivity enabled people to purchase goods that were not accessible to them. For instance, one can speak about agricultural products (O’Brien, 1993, p. 73). This consequence is important because it is closely connected to the social disparities emerging in the nineteenth century. This is why this effect should not be overlooked. Moreover, one should speak about the development of trade unions. These organizations were formed because workers were concentrated in factories, mills, or other manufacturing facilities. As a result, they had more opportunities to organize their efforts and advocate improvements in their living conditions (O’Brien, 1993, p. 247). This effect of the Industrial Revolution is vital for explaining many tensions between workers and employees, especially at the end of the nineteenth century. So, this issue is also of great importance to historians. The Industrial Revolution and the rise of capitalism The First Industrial Revolution contributed to the intensification of commerce and this trend enabled many small businesses to increase their turnover and profitability. In this case, much attention should be paid to such inventions as steam engine which helped companies reduce their tran sportation costs (O’Brien, 1993, p. 60). Furthermore, advancements in science and technology helped owners to increase the volume of production and extend their enterprises. Moreover, the increased availability of many goods enables some families to save more money. Some people chose to invest this capital in stocks of private companies. This is how the Industrial Revolution contributed to the rise of capitalism. The rise of capitalism and the development of the communist theory The growth of capitalism led to the development of communist theory. First, it should be noted that the competitive nature of capitalism resulted to the disparities in the standards of living. In turn, many philosophers began to think about the factors that could have contributed to this inequality.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More One of the causes that they identified was the exploitation of workers and their political underrepresentation (Cypher, 2004, p. 95). Moreover, many of them attempted to predict the social and economic development of European countries. In this case, one should speak about the works of Karl Marx and Friedrich Engels. Their works contributed to the development of the ideology which relied on the notion of class struggle. Therefore, one can say that communism immerged directly out of capitalism. The differences between capitalism and communism The differences between communism and capitalism are related to such aspects as property ownership and management of resources. While capitalism supports private ownership of property, communism ideology is based on the rejection of private property. Similarly, capitalism supports management of resources by private owners while communism implies that the resources should be managed by the state (Cypher, 2004, p. 212). This institution is also responsible for the distribution of wealth in the country. These differences are important because they can explain the hostilities existing between capitalist and communist regimes. Reference List Cypher, J. (2004). The Process of Economic Development. London: Routledge. O’Brien, P. (1993). The Industrial Revolution and British Society. Cambridge: Cambridge University Press. Sievers, M. (2009). Social Change in the 19th Century Novel. New York: GRIN Verlag. This essay on The First Industrial Revolution’ Social Consequences was written and submitted by user Ari Hull to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Kewl Cookies Case Study essays

Kewl Cookies Case Study essays Kewl Cookies is an Australian company with 700 outlets, which operate in the main population centres of every state and territory. The objective of this report is to produce an outline plan of how information systems can improve the basic means of operation of the marketing and delivery side of the business. This can be achieved by using basic technology and strategies required to improve competitiveness. Kewl Cookies currently operate a manual system for delivery and marketing. However, this current system has disadvantages, which prevents Kewl Cookies from having an advantage over competitors. The current system has Kewl Cookies operating on a sale-or-return basis. This is where the old stock is removed from the shelves when the delivery drivers replenish. Kewl Cookies truck drivers delivers goods to each shop twice a week on average. The shelf-life of these cookies are no longer then 7 days. After the 7 days the cookies are considered waste products and are disposed of, with no profit to the shopkeepers. Shopkeepers then receive an invoice within 14 days and they then have 28 days to pay for the goods purchased, whether they are considered waste or not. The manual system currently being used by Kewl Cookies is appropriate for the business, as the system is ensuring high profits, which allows them to produce high-quality organic goods. But the reason for Kewl Cookies wishing to upgrade there current system is that there is a desire to save money and time and help the company to become more efficient. The main problems of the current system include: Assuming that Kewl Cookies are using a cashier (a form of a transaction processing system (TPS)) for there sales transact ...

Free Online Virtual High Schools 101

Free Online Virtual High Schools 101 A free online high school is a program that allows students to study through the internet without paying tuition. Free online high schools are considered public schools. In some states, they may be run by the states department of education. In other states, free online high schools are administrated by local school districts or by private organizations that receive permission by forming charter schools. While some free online high schools only offer a few courses, many provide students the opportunity to earn an entire high school diploma. Do Free Online High Schools Offer Legitimate Diplomas? The short answer is: yes. Free only high schools can award graduates diplomas that are the same as diplomas from traditional brick-and-mortar schools. However, many free online high schools are new and are still trying to become properly accredited. Whenever a new school (traditional or virtual) begins accepting students for enrollment, it must go through an accreditation process to prove that it offers a high-quality education. The process can take some time and a school is not guaranteed to receive accreditation. Before enrolling, you can check a free online high schools accreditation status here. If the school is not accredited, you may encounter trouble transferring to another program or having your credits accepted by a college after graduation. Are Free Online High Schools Easier Than Traditional High Schools? As a general rule, free online high schools are not easier than traditional online high schools. Different schools have different curricula and instructors. Some free online high schools may be more difficult than their traditional counterparts, while others may be easier. Some students tend to thrive in the self-paced, independent atmosphere that online high schools provide. Others have an extremely difficult time trying to navigate their assignments and study without the face-to-face assistance offered by teachers in traditional programs. Can Adults Enroll in Free Online High Schools? As public programs, free online high schools are designed for teenagers. While the rules vary from state to state, most free online high schools do not permit older adults to enroll. Some programs will accept students that are in their early twenties or younger. Older students interested in earning an online high school diploma may want to consider private online high school programs. These programs do charge tuition; however many are targeted to older learners and offer students the possibility of earning a diploma at an accelerated speed. Who Funds Free Online High Schools? Free online high schools are funded in the same way as traditional high schools: with local, state, and federal tax funds. Can Free Online High School Graduates Enroll in College? Yes. Just like traditional high school graduates, online high school graduates may apply to and enroll in colleges. College administrators look for the same types of grades, activities, and recommendations as they do for traditional graduates. Some online high schools offer different tracks for students depending on their academic preparedness and their desire to either attend college or learn a trade. Students that plan to attend college should enroll in college preparatory classes and should find out what courses their desired college requires of new freshmen. Additionally, college-minded students should make sure that their free online high school is properly accredited and is in good standing with the accrediting organizations. Can My Teenager Enroll in Any Free Online High School? No. Because online high schools are usually partially funded by local taxes, schools are location-specific. For example, a high school student from Dallas, Texas could not enroll in a free online high school funded by Los Angeles, California school districts. Students are only permitted to enroll in programs that are designated for their state or city. In some cases, students must live within a particular school district in order to enroll in a particular online high school. Additionally, some online high schools are only open to students that regularly attend traditional schools that the online program contracts with. Can My Teenager Enroll in a Free Online High School While Traveling Abroad? Because of the stringent residency requirements, enrolling in a free online high school while abroad can be a bit challenging. Generally, if students are retaining their American citizenship, they will still have a home state. If the parents remain in the U.S., the student may enroll in free online high schools permitted by the parents address. If the whole family is traveling abroad, residency may be determined by their mailing address or P.O. Box. Individual schools may have their own requirements. How Do I Find a Free Online High School? To find a program for your area, check out the About.com state-by-state list of free online high schools.

Analyzing the American Revolution and the French Revolution Essay

Analyzing the American Revolution and the French Revolution - Essay Example At face value, it might not appear as if the American Revolution in the French Revolution shares much in common. However, as a function of analyzing the commonalities and dissimilarities that these two historical occurrences share, the focus of this brief analysis will be to highlight the core commonalities that prompted both the American and French populations to actively resist the level of control that it been placed upon them by the authorities at that time; the British Empire and the French monarchy respectively. Through such an understanding and interpretation,  it is the hope of this author that the reader will gain a more informed level of appreciation for the causal factors that ultimately precipitated the rise of modern democracy within the Western world. Firstly, it must be understood that both the American Revolution and the French Revolution were partially predicated upon the economic hardships that both of these stakeholders were experiencing. In the case of the American colonies, the seven years war/French Indian war had created an economic hardship that the British Empire sought to escape from (Sherman, 2001). The most logical means through which the British Empire could pay off the massive amount of debt that it had accrued during this conflict was to raise taxes upon the colonies that it administered (Brunkhorst, nd). Naturally, unaccustomed to additional duties, tariffs, and taxes, the American population became frustrated with the hardship that living a frontier life, in addition to being expected to pay for the King’s most recent war, was too much; lending these individuals to rise up against the British overlords in the hopes that the economic situation and the overall quality/liberty that an individual could have w ithin the 13 colonies could be maximized.