Tag: Fraud

The UK's financial markets watchdog has commenced criminal proceedings against a former Goldman Sachs analyst and his brother, accusing them of insider trading.

The fraud detection and prevention market was valued at $30.5bn in 2020, and is expected to grow at a CAGR of 19.65% by 2028.

Anti-fraud software developer Scalarr has reportedly collected $7.5m in Series A funding.

A man from Texas has been charged under allegations of filing bank loan applications fraudulently seeking over $5m.

Having closed a $15m funding round in October, Silent Eight has kicked off 2021 by inking a multi-year partnership with HSBC.

The US' top financial market regulator has filed a complaint in federal court for the Eastern District of New York, accusing a New Yorker of conducting a $2.1m fraud out of at least two boiler rooms over six months in 2018 and 2019.

Business owners are seeing the benefit of have strong identity verification processes, with 81% believing it to be a strategic differentiator, according to a new study from GBG.

Fraud fighting RegTech Forter has raised $125m in Series E funding and has achieved a $1.3bn valuation in the process.

Rapyd, a FinTech-as-a-service provider, has launched a new solution designed to protect businesses and consumers against cross-border fraud.

German regulators didn't do enough when they supervised the collapsed FinTech giant Wirecard, the EU’s securities markets regulator reports.