Tag: Fraud prevention

The identity verification landscape is undergoing a fundamental transformation. Document-based verification has demonstrated significant vulnerability to AI-driven fraud and is gradually being phased out...

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...

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...

The financial services industry is entering a new era where the cost of fraud is no longer absorbed by customers but increasingly sits squarely...

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...

A new report from Hawk and Chartis has found that nine in ten financial institutions now actively encourage the use of artificial intelligence in...

Cleafy, a Milan-based enterprise cybersecurity company specialising in banking fraud prevention, has raised €12m in a Series B round co-led by United Ventures and...

BioCatch has launched a new device intelligence solution called DeviceIQ, designed to help financial institutions assess the trustworthiness of devices accessing digital banking platforms. The...