Webclass 78: Payment Card Fraud

Q1. Is it common for corporations to be able to request the use of a corporate card and approve the use of the card before it is used?

Q2. How many people typically touch a corporate card transaction in terms of use, input and control?

Q3. Do you always see the detail of all corporate card transactions in the accounts system?

Q4. What do we need to do before we can analyze corporate payment card data?

Q5. How can we convert a risk into a data visualization?

Q6. If you have a risk of personal shopping, what is an example of a question that you could ask of the data?

Q7. Why might the auditor be interested in seeing whether or not lots of corporate card transactions are approved on the same day?

Q8. If you want to check if you have employees that use the corporate card after leaving the company, would it be better to use an extraction from the T&E system or the corporate card statement from the bank?

Q9. Why might it not be a good idea to source your data for analyzing corporate card transactions from the accounting system?

Q10. Which data visualization is useful for identifying transactions that differ from the average per merchant?