Tag: financial crime

South Africa loses an estimated R100bn a year to financial crime, yet the institutions meant to stop it still work in silos. Organised crime...

Regulated businesses are under mounting pressure to prove that AML compliance is continuous, evidenced and proportionate to risk. Regulators worldwide, including the FCA and...

The fraud landscape confronting UK FinTechs has transformed dramatically, with synthetic identity fraud, account takeover attacks, mule accounts and AI-generated documentation now commonplace. Yet, according...

There is no shortage of talk about AI in financial crime compliance. Boards demand it, vendors promise it and regulators are paying closer attention....

Hawk, a provider of AI-powered financial crime and compliance technology, has expanded its global partner programme as financial institutions look to accelerate the adoption...

Chinese money laundering networks (CMLNs) are no mystery to the financial crime community, yet the money keeps moving. According to research from Consilient, which recently...

Most professionals in financial crime compliance come from law enforcement, audit or legal backgrounds. Siiri Graabi took a different route, arriving via the European...

The UK's shift to T+1 settlement on 11 October 2027 will see in-scope securities trades settle one business day after the trade date instead...

In early 2024, a finance employee dialled into what looked like an ordinary video meeting with the CFO and several senior colleagues. In reality,...

Ask most organisations to rate the maturity of their financial crime risk assessment capabilities and the answers tend to be strikingly confident. According to...