Financial frauds and payment trends to look out for right now
The coronavirus has raised the risk of financial fraud across the world. Now, Featurespace, a Cambridge-based company that uses AI to detect fraud for banks and retailers, has listed the top ones to look out for right now.
Pilatus Bank owner Ali Sadr Hasheminejad found guilty of breaching US sanctions on Iran
Ali Sadr Hasheminejad, owner of Maltese Pilatus Bank, has been found guilty of crimes breaching US sanctions against Iran and for money laundering offences.
First AML nets $21m Series B as it eyes Europe expansion
New Zealand-based RegTech firm First AML has secured $21m from a Series B funding round.
Atom bank picks SurePay to fight fraud and prevent misdirected online payments
Atom bank has picked RegTech SurePay to help the app-based bank to fight fraud and prevent misdirected online payments with its Confirmation of Payee solution.
Five African nations placed on the FATF’s grey list because their weak money laundering...
The Financial Action Task Force (FATC) has placed Botswana, Ghana, Mauritius, Uganda and Zimbabwe on their grey list, meaning they need to do more to tackle money laundering and terrorism financing.
This is what you need to know about 6AMLD – the EU’s new money...
By this time next year the EU will have enforced a new law to fight money laundering. Are you ready?
RegTech Signicat acquires Connectis to strengthen its digital identity platform
Digital identity company Signicat has acquired Dutch digital identity specialist Connectis to create a stronger platform.
Refine Intelligence launches with $13m, introducing innovative AML solution
Refine Intelligence, a FinTech company specialising in Financial Crime Greenflagging, announced its launch, marking a significant advancement in anti-money laundering (AML) practices.
How Ziina leveraged Flagright to reinvent its AML and fraud prevention protocols
Ziina, under the strategic leadership of their Head of Compliance and AML, Leonardo Correa, has adopted the groundbreaking platform of Flagright to revolutionise their AML compliance strategies and fraud prevention procedures.
HSBC taps Silent Eight for multi-year compliance deal to fight fraud
Having closed a $15m funding round in October, Silent Eight has kicked off 2021 by inking a multi-year partnership with HSBC.