Lloyds targets shopping fraud with new AI tool
Lloyds is set to roll out a new AI-powered tool called Scam Check, designed to protect customers from falling victim to online shopping fraud...
What are the leading regulatory reporting solutions for financial institutions?
Regulatory reporting has become one of the most complex compliance obligations facing financial institutions. As reporting requirements continue to expand across jurisdictions and regulatory...
ECB’s IReF timeline forces banks to act now
The European Central Bank's publication of its official IReF implementation timeline marks a turning point for the European banking sector. Strategic planning must now...
Flagright raises $12.5m to redefine AML compliance
Flagright, an AI-native financial crime compliance platform, has secured $12.5m in a Series A funding round as it looks to establish itself as the...
Why siloed risk scoring leaves firms dangerously exposed
Financial crime does not respect boundaries. Customer risk, product risk, channel risk, jurisdictional exposure, behavioural signals, data quality and control effectiveness are not discrete...
APRA’s governance overhaul targets poor oversight culture
The Australian Prudential Regulation Authority (APRA) has launched the final phase of its governance review, publishing updated draft requirements intended to raise leadership standards...
Ent raises $100m seed to put prevention first in security
Ent, an intent-aware workspace security company, has emerged from stealth with $100m in seed financing, positioning itself as a challenger to the cybersecurity industry's...
Sumsub meets EU’s top digital identity standard
Sumsub, a global full-cycle verification platform, has reconfirmed its eIDAS 2.0 certification at the High Level of Confidence for identity and business verification, meeting...
AI is reshaping AML in Australia — but at what risk?
Australia's financial crime compliance sector is caught between two forces pulling in opposite directions, according to RegTech firm Napier AI.
AI is simultaneously strengthening...
Why hesitating on Verification of Payee could cost banks
As Europe's shift to instant account-to-account payments accelerates, the pressure on financial institutions to implement robust fraud safeguards is mounting.
Movitz Payments CEO and founder...