Tag: transaction monitoring

Fraud proceeds rarely remain in the account where they first arrive. Money stolen through scams, account takeovers and payment fraud can be transferred through...

Banks have long borne the brunt of regulatory scrutiny over anti-money laundering (AML) controls, but life insurers handling large premiums are increasingly attracting the...

Financial crime investigators are employed to investigate. In practice, much of their working day goes on something else: trawling through systems, gathering data, compiling...

Chargebacks and refunds have traditionally been treated as separate fraud and operational issues, but repeated payment reversals can reveal patterns that extend beyond individual...

Anti-money laundering (AML) teams are under growing pressure to process more alerts and investigations without proportionally increasing headcount. Automation can help relieve that burden,...

Fraud is increasingly being organised as a service, with criminal groups able to buy data, infrastructure, tools and specialist expertise rather than developing every...

The FCA's latest review of money mule activity paints a detailed picture of how financial crime is shifting across the UK's regulated sector. Beyond...

Financial institutions keep spending heavily on compliance technology, yet the most damaging control failures continue to trace back to something no software can fix. According...

A customer can clear sanctions and politically exposed person (PEP) checks while still presenting risks that structured screening does not identify. A company director...

Film financing is coming under greater scrutiny as complex corporate structures, international investment and fragmented production chains create potential gaps in financial crime controls. According...