How MIT’s data-sharing consortium known as Integrity Distributed can help companies meet the DOJ’s recently updated corporate enforcement guidelines, while also identifying potentially improper payments.
by Vincent M. Walden and Eduardo Lemos
From left to right: Vincent M. Walden and Eduardo Lemos. (photos courtesy of the authors)
A new data-sharing consortium led by a nonprofit at MIT is allowing the collaboration between companies to improve their improper payments detection capabilities by up to 25% than when each company’s model is performed in isolation. By increasing their fraud detection capabilities, companies will be in a better position to align with the DOJ updated expectations for corporations to achieve the identification of misconduct and to voluntarily self-disclose.