Identity has become one of the most important fault lines in modern financial crime. As financial services move further into digital channels, the question is no longer simply whether a customer can provide the right documents, but whether a firm can establish that the person behind the digital identity is real. Synthetic identity fraud is...Read More

KYC360 (a part of Experian) has established itself as a specialist RegTech provider focused on helping regulated businesses transform compliance from a regulatory obligation into a competitive advantage. Its end-to-end platform brings together client onboarding, AML screening, and customer lifecycle management (CLM).   Rather than treating compliance as the destination, KYC360 managing director Tom Devlin sees it as...Read More

Prediction markets are moving from the fringes of finance into the mainstream, attracting growing interest from institutions, regulators and retail participants alike. But as these platforms blur the lines between trading, gambling and financial markets, they also raise difficult questions around compliance, market integrity and regulatory oversight. As activity accelerates, firms must determine whether existing...Read More

Regulation has always been written for humans. Lawyers interpret it, compliance teams translate it into policies and controls, and firms spend months implementing new requirements. But as financial services become increasingly digital, that process is starting to look slow, expensive and increasingly out of step with the systems it is designed to govern.  This has...Read More

RegTech investment followed a relatively clear path for a considerable amount of time. As regulation became more complex and financial crime risks increased, firms focused on technologies that could help them meet compliance obligations more efficiently. That picture is now becoming more nuanced.   AI, digital identity, operational resilience and real-time compliance are reshaping what institutions...Read More

Know Your Customer has operated as a series of fixed moments for a long time. Starting with verifying a customer at onboarding, reviewing them periodically, and intervening when something appears to have changed. But financial crime rarely unfolds according to scheduled review cycles. Corporate structures evolve overnight, sanctions lists shift daily, and customer risk profiles...Read More

Beneficial ownership has long been one of the most challenging aspects of anti-money laundering, but the task is becoming significantly more complex. Multi-layered corporate structures, cross-border entities, trusts and nominee arrangements can obscure who ultimately owns or controls an organisation, making it increasingly difficult for financial institutions to distinguish legitimate complexity from deliberate concealment. As...Read More

Artificial intelligence is transforming the fight against financial crime. However, it’s also giving criminals powerful new tools. As banks, regulators and technology providers race to harness AI for fraud detection, AML and risk management, cybercriminals are using the same technology to launch more convincing scams, automate attacks and evade detection. The result is an escalating...Read More

The traditional financial crime operating model was built for a different era. For decades, financial institutions have relied on separate functions, technologies and processes to manage anti-money laundering, fraud, sanctions screening and customer due diligence obligations. While that approach reflected regulatory structures and operational realities at the time, growing financial crime complexity is beginning to...Read More

Europe’s fight against financial crime has long been complicated by one simple fact: while the rules may be set at EU level, supervision and enforcement have remained largely national responsibilities. The result has often been inconsistency, with firms facing different expectations depending on where they operate. The arrival of the Anti-Money Laundering Authority (AMLA) could...Read More