Tag: Fraud
Global Investment in AML & FinCrime Tech companies grew 20.18% (CAGR)...
Key AML and FinCrime statistics 2022:
• Global investment dropped 43% in 2022 from 2021
• UK investment increased more than three-fold in 2022 (from 2021)...
AIFinTech100 firm Inscribe lands $25m in Series B
Inscribe, a fraud detection and document automation platform, has recently scored $25m in Series B funding.
How AML shaped the world in 2022
Last year saw a seismic shift in the regulatory world. Sentinels has released a report on how AML shaped the world in 2022. It explores the most impactful moments of the year towards AML and what companies had to navigate.
New Twitter scam is stealing cryptocurrency
A new spam campaign is spreading across Twitter and is stealing cryptocurrency of affected users.
UK PSR draws up new push payments fraud regulation
New rules set by the Payment Systems Regulator will require UK banks to provide transparent data on how they are protecting customers from push payment fraud.
MangoPay snaps up Nethone to help tackle marketplace fraud
European PayTech provider for marketplaces and platforms MangoPay is snapping up AI fraud detection and prevention company Nethone.
How AI is transforming financial crime detection
As the financial market hits a very turbulent period, the risk of financial crime will only increase. But how can firms ensure they are prepared???
How companies can tackle transaction fraud
In an age where the average person now conducts the majority of their payments either online or digitally, the scourge of transaction fraud has become an even bigger threat.
SEON launches free fraud prevention tool for businesses
Online fraud prevention company SEON has launched a ‘forever free’ version of its fraud prevention platform to better help online businesses be protected.
Fraud complaints drop after pandemic, but are slowly rising
Fraud complaints to the Financial Ombudsman Service (FOS) soared during the Covid-19 pandemic, 44% higher in 2020 compared to 2019.