Adapting to change: How the UK’s latest money laundering amendments impact PEPs
On January 10, 2024, a pivotal shift in the UK's regulatory framework will unfold as the Money Laundering and Terrorist Financing (Amendment) Regulations 2023...
UK tops global list for shell company risks, new Moody’s Analytics research reveals
The United Kingdom has emerged as the global hotspot for shell company risks, according to the latest interactive research unveiled by Moody’s Analytics.
Ravelin report highlights alarming trends in consumer fraud
New research conducted by fraud prevention provider Ravelin has uncovered alarming insights into consumer attitudes towards fraud, claiming that over a third of all consumers believe it’s acceptable to commit fraud against brands.
OneID receives full certification for KYC and AML use cases
OneID, the UK's leading digital identity service, has reached a new milestone in the field of Identity Verification for Know Your Customer (KYC) and Anti-Money Laundering (AML).
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.
Fenergo report highlights US investment banks’ struggle in fighting financial crime amid limited resources
Fenergo's 2023 KYC Banking Trends Report has unveiled a concerning reality for US investment banks grappling with financial crime mitigation and regulatory compliance while encountering budget and workforce constraints.
Vesta and Stripe unite to combat online fraud with innovative partnership
Vesta, a transaction guarantee platform, has established a partnership with Stripe, a financial infrastructure platform.
The partnership aims to deliver a comprehensive fraud prevention and...
Lynx gets its paws on €17m in Series A led by Forgepoint
Lynx, which focuses on detecting and preventing fraud and financial crimes, has closed its Series A funding round on €17m.
Veriff bolsters its fully automated identity verification offering
Veriff, the global identity verification (IDV) provider, has announced a substantial upgrade to its fully automated IDV product.
FRISS to use Microsoft Azure OpenAI Service for enhanced AI fraud model explanations
FRISS has joined forces with tech giant Microsoft to enhance the explanations of its AI fraud models using Microsoft Azure OpenAI Service.
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