Tag: financial crime

Static, rule-based fraud detection is becoming a liability for growing FinTechs, flagging legitimate customers as often as it catches genuine criminals. According to SmartSearch,...

Fenergo has been chosen by Ninety One, the global investment manager overseeing £184bn in assets under management, to underpin a major digital transformation of...

FinScan, an Innovative Systems solution and provider of AML and sanctions compliance technology, and Quantifind, a provider of AI-powered financial crime and national security...

Investment firms have long sold trust as their core product, but generative AI is now testing that promise from every angle. According to ComplyAdvantage,...

The FATF has published a new report warning that underground banking, hawala and other similar service providers (HOSSPs) are increasingly being exploited by professional...

The EU's new Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA), passed by the European Parliament in 2024, is designed to...

Fraud has never been cheaper or easier to commit. Fraud-as-a-service and phishing-as-a-service now sell ready-made attacks off the shelf, letting an ordinary criminal rent...

Alviere, a company that offers a variety of financial products, has been testing whether agentic AI can perform anti-money laundering investigations to the same...

Financial crime has evolved faster in the last five years than in the previous two decades, yet many institutions are still assessing risk with...

Ripjar, the UK-based financial crime compliance technology provider known for its smarter screening and risk intelligence tools, has bolstered its senior leadership team with...