Tag: Anti-Money Laundering

Across every sector, there is a recurring moment that quietly costs organisations millions. A spreadsheet-based process becomes unwieldy, someone in the room suggests that...

A new breed of AI system is rapidly changing the way financial institutions approach crime prevention, according to SymphonyAI. Unlike the rule-based tools that have...

Despite years of investment in AI and advanced analytics, most financial institutions are still fighting fires rather than preventing them. That is the blunt assessment...

Australia's financial services industry is entering a new phase of AML and CTF compliance — one defined not by whether to adopt AI and...

Synthetic identity fraud is fast becoming one of the most complex threats facing financial institutions and regulated businesses today. According to SmartSearch, unlike conventional fraud,...

Organised fraud has transformed into a sophisticated, cross-border industry extracting tens of billions from the US economy every year. According to Consilient, what once appeared...

Hawk, a provider of AI-powered anti-money laundering (AML), screening and fraud prevention solutions, has launched its AML Investigative Agent, designed to help financial institutions...

An estimated $2tn is laundered through the global financial system every year — a staggering figure that represents far more than financial loss. The...

Feedzai has launched RiskFM (Risk Foundation Model), the industry's first Tabular Foundation Model purpose-built for financial data and risk decisioning. The launch of RiskFM represents...

The AML and financial crime community rarely confronts the subject of child sexual exploitation head-on, and in the view of Consilient, it is long...