How financial institutions can improve their fight against scams
Scams are not a new threat; they have coexisted with the financial market since its beginnings. The earliest scam is estimated to have been in Ancient Greece and since then they have evolved to become so highly sophisticated that stopping them has become a Sisyphean task.
Why banks are ditching right-sizing in favour of AI-driven AML/KYC compliance
WorkFusion has teamed up with 1LoD to produce a comprehensive Financial Crime Benchmarking Survey & Report, offering fresh insight into how top global banks...
AI meets compliance: Why specialised models deliver real ROI
The role of artificial intelligence in regulatory compliance is no longer a futuristic concept—it’s a necessity.
According to 4CRisk.ai, despite this, many compliance professionals...
Hong Kong and Abu Dhabi unite to boost regulatory oversight of investment managers
In a move to deepen regulatory collaboration between Asia and the Middle East, the SFC of Hong Kong and the FRSA of ADGM have...
AI-powered cybercrime surge looms as first-party fraud hits 51% in the UK
A new cybercrime report by LexisNexis Risk Solutions has revealed a striking transformation in the UK’s fraud landscape, with first-party fraud now accounting for...
