Tag: financial crime

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...

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,...

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

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...

A decade ago, the notion of regulated financial institutions exchanging crime intelligence in real time felt far-fetched. Legal barriers loomed large, trust between banks...

Money laundering is costing the global economy trillions, yet the nations bearing the heaviest burden are not always those spending the most to stop...

Fraud across the UK reached unprecedented levels in 2025, with more than 444,000 cases recorded in the National Fraud Database (NFD), according to new...

Finastra has partnered with FraudAverse, a financial crime prevention specialist focused on AI-driven fraud detection and risk mitigation. The collaboration aims to strengthen fraud...