Tag: transaction monitoring

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...

Account takeover fraud is becoming harder for financial institutions to detect as criminals increasingly operate through legitimate customer credentials. A valid login, established account...

Casino compliance teams working in anti-money laundering (AML) hardly need reminding that failures in this area can prove costly. The Venetian's recent $7.2m settlement,...