Tag: KYC

SmartSearch, an Ilkley-based digital compliance specialist, and Credas Technologies have confirmed the completion of an acquisition that brings the two RegTech businesses together to...

The UK’s AML framework has undergone meaningful change in 2025, with policymakers introducing new processes aimed at strengthening accountability, closing long-standing gaps, and improving...

The past year proved to be one of the most intense on record for threat intelligence teams operating across the financial crime landscape. Throughout...

The rapid expansion of real-time global commerce, digital banking and borderless FinTech services has fundamentally reshaped how money moves across borders. Consumers and businesses...

A fragmented global landscape shaped by geopolitical rivalry, regulatory divergence, supply-chain realignment and weakening international cooperation is fundamentally changing how financial crime risk manifests. For...

In 2024, consumers and businesses reported losses of more than $12.5bn to fraud, representing a 25% year-on-year increase. According to AiPrise, the scale of this...

Building on this shift, SymphonyAI also points to a cultural change that must accompany technology modernisation. SymphonyAI, a provider of AI for financial crime prevention,...

Tokenisation is increasingly being viewed as a critical mechanism for resolving one of financial services’ most persistent tensions: the need to share AML intelligence...

Money laundering continues to evolve at pace, with criminal networks adapting quickly to new payment technologies, digital channels and cross-border infrastructures. As financial crime becomes...

KYC failure is becoming a persistent problem for financial services firms as fraud techniques grow more advanced and regulatory expectations tighten. In 2024 alone,...