EY to 'raise bar' in spotting fraud after Wirecard scandal

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EY to 'raise bar' in spotting fraud after Wirecard scandal

Will mandate use of data analytics.

Global accounting firm EY 'regrets' not spotting fraud at German payments company Wirecard sooner and said it would use analytics technology to improve how it verifies information from clients. German regulators are examining EY's role as auditor for Wirecard, which collapsed in ...

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