Anti-Fraud

FinTech company Vesttoo has shockingly announced that it will be laying off 75% of its staff in wake of its fraud scandal. 

Flagright, renowned as a global force against financial crime, has formally announced its collaboration with the Anti-Human Trafficking Intelligence Initiative (ATII).

SecurityScorecard's latest research, centred on the looming Digital Operational Resilience Act (DORA) compliance deadline of January 2025, reveals a disturbing level of third-party and fourth-party cybersecurity breaches among Europe's largest financial institutions.

Effectiv, a real-time fraud and risk management platform servicing financial institutions and FinTech companies, has announced a fresh round of funding.

Chargeback fraud, an ever-present issue affecting businesses of all kinds and sizes, results in losses totalling to billions annually. The surge in eCommerce has coincided with an increase in such fraudulent activities, and this alarming trend is expected to continue.

NetGuardians, an award-winning Swiss FinTech company, and Bank al Etihad, a premier Jordan-based banking institution, have announced a strategic partnership to combat financial fraud.

Adverse media screening has become an integral component in the finance industry, especially in relation to Anti-Money Laundering (AML) compliance. RegTech company Alessa recently...

Sigma, recently ranked in the AIFinTech100 for 2023, is driving innovation with AI to offer robust and scalable risk management solutions. Their unique use of AI technologies makes the platform indispensable for current and prospective clients.

Starling Bank, a leading British digital challenger bank, has chosen Napier, a London-based intelligent compliance technology firm, as its preferred platform for Anti-Money Laundering (AML) and counter-terrorism financing (AML/CTF). The partnership aims to enhance the bank's financial crime compliance.

Today, the growing complexity of financial operations coupled with an ever-evolving regulatory landscape has magnified the importance of AML compliance in businesses. Especially in FinTech companies, the timing to bring an AML Officer on board is pivotal to the firm's overall trajectory.