Tag: Fraud

Australia’s financial and cyber crime group has charged five people in conjunction with fraud and money laundering of cryptocurrency.

Equifax, a credit scoring company, will pay up to $700m to the US regulator as a result of a data breach in 2017.

TSB Bank has joined forces with Jumio, the identity-verification startup, to enable customers to access their bank accounts with a selfie. However, old people may not be keen to use it.

Visa has revealed its advanced authorisation technology, which is powered by AI, has helped institutions prevent around $25bn in annual fraud, according to its...

Deutsche Bank has reportedly found ‘serious failings’ within its payments screening and AML procedures.

TruNarrative has partnered with UK-based Atom bank to help the firm with its AML transaction monitoring and financial crime customer screening and monitoring. Atom chose...

Cybersecurity company Foregenix has teamed up with Australian payment card security company Tranwall to combat the rise of global ATM cashout fraud.

TSB Bank has revealed a Fraud Refund Guarantee which protect customers fallen victim to fraudulent activity.

Simudyne, a platform which hosts financial market simulations to identify fraud, has pulled in $6m in Series A of fundraising.

The UK’s finance industry prevented a total of £1.66bn in fraud during 2018; however, £1.2bn was still stolen by criminals during the same period, a new study from UK Finance finds.