Tag: Fraud

The European Commission has announced plans to create a new Anti-Money Laundering Authority (AMLA) following a flurry of recent financial crime scandals.

Data and analytics software company Quantexa has introduced the latest updated version of its contextual monitoring and investigations solution Quantexa Syneo

A partnership between Swedish bank Swedbank and payments solutions provider ACI Worldwide has contributed to a 55% drop in card fraud.

Merchant losses to online payment fraud is expected to hit $206bn cumulatively between 2021 and 2025, new research claims.

Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.

HSBC has unveiled AiPEX5, a new AI-powered equity index structured product to bolster its wealth offering in Hong Kong.

PayPal has entered a collaboration with online fraud and abuse prevention company Arkose Labs to tackle fraud and security threats on its Honey shopping platform.

Digital asset venues are finding a robust trade surveillance program reinforces market integrity and attracts investors used to operating in more transparent environments, according to regulatory expert Joseph Schifano.

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.