Tag: Fraud

New research from Sumsub and the Singapore FinTech Association finds a widening gap between how much organisations rely on AI and their ability to...

Giles Thomson, the new president of the Financial Action Task Force (FATF), has unveiled a multi-year roadmap to tackle fraud losses he says amount...

Financial crime is growing in scale, sophistication and cost, and for regulated organisations, understanding the threat landscape has become a survival requirement rather than...

The United Kingdom, the new head of the global illicit finance watchdog, has assumed the Presidency of the Financial Action Task Force (FATF) for...

Picture an all-too-common scenario. A high-net-worth individual sells part of his crypto holdings. The profits are transferred to his bank account. But what then...

Lloyds Banking Group has completed what is believed to be the first-known experiment exploring how quantum computing could help identify money mules, marking a...

Founded in 2017, Saudi Arabia-headquartered MOZN was created at a time when AI was still in its early stages. MOZN recognised a gap early...

Behind the badge is the latest episode in RelyComply’s Laundered series, featuring a former City of London Police detective sharing what it really looks...

Fraud prevention and AML have operated as parallel disciplines — adjacent, but structurally separate, for a long time. Fraud teams focused on stopping unauthorised...

Hong Kong’s banking regulator is weighing how lenders and their customers should share the burden of losses from rising scam cases, as fraud-related crime...